Iron Horse Acquisitions II Corp. [IRHOU]
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Iron Horse Acquisitions II Corp. units are derivative securities that bundle ordinary shares with warrants and/or rights in a single tradable instrument issued by this special purpose acquisition company. Each unit typically includes one share of Class A common stock and a fraction of one warrant, allowing holders to participate in both equity ownership and future purchase rights. Units provide investors with a combined exposure to the SPAC's potential business combination. These securities will separate into their individual components on a date specified by the company, after which each security trades independently.