Integrated Rail and Resources Acquisition Corp. (IRRX), a special purpose acquisition company, has entered into a Second Amendment to its existing Merger Agreement, extending the termination date to May 15, 2025.
This extension provides additional time for the completion of the merger with Uinta Integrated Infrastructure Inc. and its related entities.
The original Merger Agreement, which was first announced on August 12, 2024, underwent an amendment on November 8, 2024, substituting certain parties involved in the merger. The latest amendment, filed with the SEC on Thursday, signifies the parties' commitment to proceeding with the merger, despite requiring more time to fulfill the conditions necessary for its completion.
IRRX's securities, including units, Class A common stock, and warrants, are currently traded on the OTC Pink market under the symbols IRRXU, IRRX, and IRRXW, respectively. As an emerging growth company, IRRX is navigating the complexities of a transaction that could significantly impact its operations and market presence.
The news above is based on an SEC filing.
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