Iron Horse and Electra AI report commercial wins; $250M merger on track for H2 2026

Iron Horse Acquisition II Corp.

Deal valued at $250M+, expected to close H2 2026; combined entity to list as 'AIBR' on Nasdaq.
New customers since April 2026: Mooving (India battery swapping), Omega Seiki Mobility, Propel Industries (mining).
Partnerships added: MinTech (BESS risk prediction), Naoris Quantum (post-quantum security), D-Orbit MoU for space.
Form S-4 filed May 2026; rebranded to ELECTRA AI; Carmine Villani named first Strategic Advisor.
Iron Horse IPO raised ~$230M in Dec 2025; merger still subject to stockholder approval and SEC registration.

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