Business Wire·Nov 10, 2026, 5:25 PM ET

ELECTRA AI and Iron Horse Acquisition II Corp. Announce Filing of Amendment to Registration Statement on Form S-4

Electra Vehicles, Inc. (ELECTRA AI) & Iron Horse Acquisition II Corp. filed Amendment No. 1 to their Form S-4 Registration Statement with the SEC regarding their proposed business combination.
The amended filing includes responses to SEC comments, unaudited financial statements for the six months ended June 30, 2026, & updated details on market opportunities.
An updated investor presentation was released on November 2, 2026, highlighting the expanding battery intelligence market & new commercial agreements.
Upon closing, the combined entity will operate as ELECTRA AI, Inc. with Class A common stock listed on Nasdaq under the ticker symbol "AIBR."
The Business Combination is expected to close in the first quarter of 2027, subject to SEC effectiveness, shareholder approvals, & other customary conditions.
Electra secured approximately $5 million in bridge financing to support commercial execution in electric mobility, energy storage, & mission-critical battery systems.
Electra operates the "AI Brain for Batteries" platform, utilizing Agentic AI, Physical AI, & physics-informed modeling to optimize battery systems across energy infrastructure, autonomous systems, & e-mobility.
Iron Horse Acquisition II Corp. is a SPAC that completed its IPO in December 2025, raising $230 million, with a focus on AI, media, & technology sectors.