Acquiring Company
ELECTRA AI
Acquired Company
Iron Horse Acquisition II
BostonBoca RatonInvestingDescription
ELECTRA AI and Iron Horse Acquisition II Corp. have announced a definitive business combination agreement. The merger aims to enhance battery monitoring and optimization across Mooving's smart battery-swapping network in India. The combined company is expected to list on Nasdaq in the second half of 2026. This merger signifies a strategic move to innovate in battery technology and support electric vehicle adoption.
Don't miss ELECTRA AI's next move
Get an email the moment ELECTRA AI makes an acquisition, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
M&A Insights
Based on deal dataFrequently asked
Who acquired Iron Horse Acquisition II?
Iron Horse Acquisition II was acquired by ELECTRA AI, based in Boston. The deal was reported on September 1, 2026. ELECTRA AI is a leading AI-driven cleantech and B2B software company. It is dedicated to accelerating the electrification transition by optimizing battery technology. ELECTRA AI is privately held and operates in Investing.
When did ELECTRA AI acquire Iron Horse Acquisition II?
ELECTRA AI's acquisition of Iron Horse Acquisition II was reported on September 1, 2026. ELECTRA AI and Iron Horse Acquisition II Corp. have announced a definitive business combination agreement. The merger aims to enhance battery monitoring and optimization across Mooving's smart battery-swapping network in India. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Iron Horse Acquisition II do?
Iron Horse Acquisition II Corp. is a special purpose acquisition company co-founded by CEO and Chairman Jose Antonio Bengochea and CFO Bill Caragol. It completed its initial public offering in December 2025, raising approximately $230 million. It is publicly traded (IRHO), and is based in Boca Raton.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.