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Iron Horse Acquisitions II Corp. [IRHOR]

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Iron Horse Acquisitions II Corp. rights are derivative securities that give holders the contractual right to receive additional shares or other consideration in connection with the SPAC's business combination. These rights typically entitle holders to purchase common stock at a predetermined price or receive additional equity upon consummation of a merger. Rights are issued as part of the SPAC structure to provide additional value and alignment between sponsors and public shareholders. They may be subject to specific triggering events or time-based vesting conditions outlined in the company's charter.