Iron Horse Acquisitions (IROHU) Stock Price, News & Analysis

Company Overview

Iron Horse Acquisitions (NASDAQ: IROHU) is a special purpose acquisition company formed to raise capital through an initial public offering in order to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. Incorporated in Delaware, the company does not engage in any commercial operations of its own but instead seeks to identify and complete a business combination with one or more target companies.

The company’s board and management team are comprised of executives with backgrounds in private equity, corporate finance and operations in technology-enabled and industrial sectors. Leveraging their collective expertise, they target businesses with established revenue streams, growth potential and management frameworks that can benefit from additional capital and strategic guidance. Iron Horse Acquisitions typically focuses on North American targets but remains opportunistic about opportunities in other developed markets.

Since completing its initial public offering, Iron Horse Acquisitions has been actively evaluating potential transactions within industries such as business services, industrial technology, healthcare services and niche manufacturing. The company operates under a defined timeframe to consummate a business combination, after which remaining trust proceeds are returned to public shareholders if no transaction is completed. Through its blank-check structure, Iron Horse Acquisitions offers investors access to the experience of its sponsors and the potential upside of a merger with a private operating business.

Key Stats

• Today's Range: $11.00 to $11.00
• 50-Day Range: $7.43 to $14.03
• 52-Week Range: $7.31 to $14.00
• Volume: N/A
• Average Volume: 1,872 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

IROHU Stock Analysis - Frequently Asked Questions

How have IROHU shares performed this year?

Iron Horse Acquisitions' stock was trading at $10.58 at the start of the year. Since then, IROHU shares have increased by 4.0% and is now trading at $11.00.

When did Iron Horse Acquisitions IPO?

Iron Horse Acquisitions (IROHU) raised $60 million in an initial public offering on Wednesday, December 27th 2023. The company issued 6,000,000 shares at $10.00 per share.

How do I buy shares of Iron Horse Acquisitions?

Shares of IROHU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Financial Services
• Industry: Shell Companies
• Sub-Industry: Trading
• Current Symbol: NASDAQ:IROHU
• CIK: 1901203
• Web: ironhorseacquisition.com
• Phone: (310)-290-5383
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: N/A
• Beta: N/A