Integrated Rail and Resources Acquisition Pursues Another Extension of up to 6 Months

Integrated Rail and Resources in a proxy filing seeks shareholder approval for a deadline extension of up to six months from the current termination date of Feb. 15.

Integrated Rail and Resources in October signed a non-binding letter of intent with a business combination target. The SPAC deposited $2.3 million into trust in November for a three-month extension.

The SPAC raised $230 million in a November 2021 IPO to search for a target business operating in bulk commodities. Read more.

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