---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-26-000487"
form_type: "8-K"
ticker: "IRAB"
cik: "0002077785"
company_name: "Iris Acquisition Corp II"
filed_at: "2026-02-10T23:59:59+00:00"
generated_at: "2026-05-16T03:41:57.605370+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Iris Acquisition Corp II closes $168.5M IPO; trust funded at $10 per unit

## Summary
- IPO of 16.85M units at $10/unit; gross proceeds $168.5M; over-allotment partially exercised for 1.85M units.
- Private placement of 438,000 units to sponsor and underwriter generated $4.38M in additional proceeds.
- Net proceeds of $168.5M placed in trust account; transaction costs totaled $10.6M including $6.74M deferred underwriting fee.
- Sponsor forfeited 133,333 Class B shares; Company has 24 months to complete a business combination.
- Working capital of $788,450 as of Feb 4; no operations yet; SPAC targets a business combination.

## SEC filing metadata
- accession: 0001185185-26-000487
- form_type: 8-K
- ticker: IRAB
- cik: 0002077785
- company_name: Iris Acquisition Corp II
- filed_at: 2026-02-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2077785/000118518526000487/0001185185-26-000487-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2077785/000118518526000487/iac28k020526.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-26-000487
- JSON: https://secwatch.observer/filing/0001185185-26-000487.json
- Plain text: https://secwatch.observer/filing/0001185185-26-000487.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.