Mergers & Acquisitions ·
Electra Vehicles secures new customers including Mooving and Omega Seiki Mobility as SPAC merger proceeds
IRHOIron Horse Acquisition II Corp.
Iron Horse Acquisition II Corp. filed a Form 8-K to furnish Exhibit 99.1, a newsletter released by Electra Vehicles, Inc., its business combination partner. The filing discloses that Electra has secured new customers including Mooving, Omega Seiki Mobility, and Propel Industries, while expanding into grid storage via MinTech, post-quantum security with Naoris Quantum Protocol, and space applications through D-Orbit. Iron Horse and Electra have filed a Form S-4 registration statement containing a preliminary proxy statement/prospectus for the proposed business combination. The definitive proxy will be mailed to shareholders of record on a date yet to be established for voting on the transaction. This is a special purpose acquisition company (SPAC) operating in the financial services and technology sectors, currently pursuing a merger with an electric vehicle battery intelligence firm.