SPAC Iron Horse (IROH) to merge with CFI (China Food Investment) in ~$523M deal

CN Healthy Food Tech Group Corp.

Iron Horse to acquire 100% of Zhong Guo Liang Tou Group (CFI) via share exchange with Rosey Sea Holdings.
Post-transaction enterprise value estimated at $523M; shares to be issued range from 40.99M to 47.89M depending on redemptions.
Closing targeted for Q1 2025; subject to stockholder approval, Nasdaq listing, SEC proxy effectiveness, and due diligence.
CFI is a health-focused food biotech company with distribution in Hong Kong and mainland China; post-close name change to China Food Investment planned.
No termination fee; deal must close by September 1, 2025, or either party may terminate.

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.