8-K
filed October 6, 2025, 7:59 PM ET
ticker UCFI
CIK 0001901203
M&A
confidence medium
sentiment negative
materiality 0.85
Iron Horse SPAC closes business combination with CFI; Nasdaq halts trading due to CSRC review
CN Healthy Food Tech Group Corp.
- SPAC Iron Horse acquired CFI; name changed to CN Healthy Food Tech Group Corp. (UCFI).
- 6,701,349 shares redeemed at ~$10.60/share for ~$71.1M; 51,235,000 shares outstanding post-closing.
- Nasdaq halted UCFI/UCFIW trading after CSRC flagged incomplete review; company says it complied.
- Company issued $2.018M note to DBC, $1.421M note to sponsor, and $1M note to Yanjun Jiao to fund closing.
- Lock-up on seller shares for 180 days; consulting agreements issued 500k restricted shares each to Bengochea and Caragal.
Key facts
Extracted from this filing and checked against the source text.
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
CN Healthy Food Tech Group Corp. issued 1,000,000 shares of restricted common stock of common stock to Messrs. Bengochea and Caragol.
- Security
- common stock
- Shares
- 1,000,000 shares of restricted common stock
- Purchaser
- Messrs. Bengochea and Caragol
Exact text from the filing
At the Closing, the Company issued a total of 1,000,000 shares of restricted common stock to Messrs. Bengochea and Caragol pursuant to the Consulting Agreements.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
CN Healthy Food Tech Group Corp.: Company ceased to be a shell company as a result of the Business Combination.
- Change
- shell status
Exact text from the filing
As a result of the Business Combination, the Company ceased to be a shell company
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
CN Healthy Food Tech Group Corp.: Amended and restated certificate of incorporation effective at Closing of Business Combination (effective 2025-09-30).
- Change
- charter amendment
- Effective
- 2025-09-30
Exact text from the filing
the Company amended and restated its certificate of incorporation, effective as of the Closing (the “ A&R Charter”)
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
CN Healthy Food Tech Group Corp.: Amended and restated bylaws effective as of the Closing (effective 2025-09-30).
- Change
- bylaw amendment
- Effective
- 2025-09-30
Exact text from the filing
amended and restated its bylaws (as amended, the “ A&R Bylaws”) effective as of the Closing
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
CN Healthy Food Tech Group Corp.: Adopted a new Code of Business Ethics and Conduct (effective 2025-09-30).
- Change
- code of ethics
- Effective
- 2025-09-30
Exact text from the filing
the Company adopted a new Code of Business Ethics and Conduct applicable to all employees, officers and directors of the Company
View on SEC.gov
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