Iris Acquisition Corp II closes SPAC IPO at $168.5M, appoints four directors

Iris Acquisition Corp II

Closed IPO of 16.85M units at $10/unit, gross proceeds $168.5M; each unit one Class A share + half warrant ($11.50 exercise).
Deposited $168.5M in trust for public shareholders; includes $4.38M from private placement of 438,000 Private Units.
Appointed Manish Shah, Janine Yorio, Allen Wang, Robert Henry to board; entered letter and indemnity agreements.
Underwriter over-allotment partially exercised; Cohen & Company Capital Markets sole book-runner.

item 1.01 item 3.02 item 5.02 item 5.03 item 8.01 item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.