Acquiring Company
Iron Horse Acquisition II
Acquired Company
ELECTRA AI
Description
Iron Horse Acquisition II Corp. has entered into a definitive business combination agreement with ELECTRA AI. The merger aims to leverage ELECTRA's AI technology in battery intelligence. The combined company is expected to list on Nasdaq under ticker AIBR in late 2026. This merger enhances both entities' capabilities in the rapidly evolving battery sector.
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M&A Insights
Based on deal dataFrequently asked
Who acquired ELECTRA AI?
ELECTRA AI was acquired by Iron Horse Acquisition II, based in Boca Raton. The deal was reported on August 27, 2026. Iron Horse Acquisition II Corp. is a special purpose acquisition company (SPAC). It aims to acquire innovative companies with growth potential, focusing on technology-driven industries. Iron Horse Acquisition II is publicly traded (IRHO).
When did Iron Horse Acquisition II acquire ELECTRA AI?
Iron Horse Acquisition II's acquisition of ELECTRA AI was reported on August 27, 2026. Iron Horse Acquisition II Corp. has entered into a definitive business combination agreement with ELECTRA AI. The merger aims to leverage ELECTRA's AI technology in battery intelligence. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ELECTRA AI do?
ELECTRA AI is a leading AI-driven cleantech and B2B software company. It is dedicated to accelerating the electrification transition by optimizing battery technology. It is privately held, operating in Investing, and is based in Boston.
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