secwatch.observer — SEC 8-K summary
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Issuer:     INTEGRATED RAIL & RESOURCES ACQUISITION CORP (—)
CIK:        0001854795
Form:       8-K
Filed at:   2023-08-11T23:59:59+00:00
Accession:  0001140361-23-039315
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IRRX extends business combination deadline to Sep 15 with monthly extension options; $79.7M redeemed
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- Stockholders approved extension of business combination deadline from Aug 15 to Sep 15 2023, with up to 6 monthly extensions to Feb 15 2024.
- 7,354,836 shares redeemed for ~$79.65M ($10.83/share), reducing trust account balance significantly.
- After redemptions, shares outstanding drop to 12,239,246.
- Mark A. Michel and Timothy J. Fisher re-elected as Class I directors; Marcum LLP ratified as auditor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854795/000114036123039315/0001140361-23-039315-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854795/000114036123039315/brhc20057240_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-039315

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer