other material
confidence high
sentiment neutral
materiality 0.50
Integrated Rail & Resources issues 7,056 Series A Preferred shares to settle $705,589 debt with B H, Inc.
INTEGRATED RAIL & RESOURCES INC.
- Company issued 7,056 shares of Series A Convertible Preferred Stock to B H, Inc. in full satisfaction of $705,589 outstanding debt.
- The preferred shares are convertible into common stock; no cash received; debt deemed fully discharged.
- Buyer B H, Inc. also joined a Registration Rights Agreement dated Jan 23, 2026, as a party.
- Original debt was $1,455,589; company had made $750,000 cash payment on Feb 18, 2026, leaving $705,589.