Integrated Rail and Resources Acquisition was removed from the New York Stock Exchange, according to an SEC filing. The SPAC fell below the minimum $0 million market cap for a continued listing.
The SPAC said earlier this month it would seek a listing on the Nasdaq, although that has not occurred. Since March 12, Class A stock, units and warrants have traded in the OTC market under the ticker symbols “IRRX,” “IRRXU,” and “IRRXW,” respectively.
Integrated Rail and Resources in October said it signed a non-binding letter of intent with a business combination target, although there have been no further announcements.
The SPAC originally raised $230 million in a November 2021 IPO. Read more.
