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Iris Acquisition Corp II

10.01

0.0000

Volume:7

Turnover:70

Market Cap:229.28M

PE:-367.89

High:10.01

Open:10.01

Low:10.01

Close:10.01

52wk High:10.17

52wk Low:9.81

Shares:22.90M

Float Shares:14.78M

Volume Ratio:0.00

T/O Rate:0.00%

Dividend:- -

Dividend Rate:- -

EPS(TTM):-0.0272

EPS(LYR):-0.0272

ROE:--

ROA:--

PB:-5329.15

PE(LYR):-367.89

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News

Iris Acquisition II Q2 Net Income Rises to $1.26 Million; Six-Month Net Income Climbs to $2.04 Million

Iris Acquisition II posts Q1 FY26 net income of $773,935

IRIS Acquisition Corp Ii - Terminates Letter of Intent With Freedom Metals Corporation on May 13, 2026 - SEC Filing

THOMSON REUTERS

Iris Acquisition Corp. II Plans to Buy Unit From American Tungsten & Antimony

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II posted net income of USD 773,935 for the quarter ended March 31, 2026, as interest income on cash held in the Trust Account totaled USD 919,562.Operating costs were USD 144,112, while interest expense on a short-term loan was USD 1,515.Cash used in operating activities was USD 9,800, with USD 169.42 million held in the Trust Account and USD 854,833 held outside the Trust Account at quarter-end.IPO in February raised USD 168.5 million in gross proceeds, with USD 168.5 million placed into the Trust Account; private placement unit sales added USD 4.38 million.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Iris Acquisition Corp. 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Freedom Metals would focus on advancing high-grade antimony and tungsten assets, which are key for modern defense systems, advanced manufacturing and energy technologies, Iris said.Under the letter of intent, Freedom Metals would become the publicly listed entity after the closing of its combination with Iris.The proposed deal is subject to negotiation and execution of definitive agreements, completion of due diligence, regulatory approvals, customary closing conditions and approval by the boards and shareholders of both parties, Iris said.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IRABU","AFG","IRAB","BK4107","AT4.AU","BK4117","BK7095"],"isVideo":false,"video":null,"gpt_icon":0}],"pageSize":4,"totalPage":2,"pageCount":1,"totalSize":5,"code":"91000000","status":"200"}],"@#url:\"https://hq.skytigris.cn/market/plate/belongs/IRAB\",params:#limit:6,delay:false,,,undefined,":[]}}