Iris Acquisition Corp II

Iris Acquisition Corp II

IRAB
Iris Acquisition Corp IIUS flagNew York Stock Exchange
9.98
USD
+0.03
- -
172.53MMarket Cap
2025 Y
TTM
Revenue per Share
- -
- -
Basic EPS, GAAP
- -
0.04
Free Cash Flow per Basic Share
- -
- -
Dividend per Share
- -
- -
Book Value per Share
- -
8.76
Tangible Book Value per Share
- -
8.76
Basic Weighted Avg Shares
- -
19
Sales/Revenue/Turnover
- -
- -
Operating Margin (%)
- -
- -
Depreciation Expense
- -
- -
Net Income, GAAP
- -
1
Effective Tax Rate (%)
- -
- -
Profit Margin (%)
- -
- -
Working Capital
- -
1
LT Debt
- -
- -
Total Equity
- -
163
Return on Invested Capital (%)
- -
- -
Return on Capital (%)
- -
- -
Return on Common Equity (%)
- -
- -

Capital Structure

FRC

in mil. unless spec.
Mar'26
ST Debt
- -
LT Borrowings
- -
LT Finance Leases
- -
Preferred Equity and Hybrid Capital
- -
Shares Outstanding
23
Market Capitalization
183

Working Capital

FRC

in mil. unless spec.
Mar'26
Total Current Assets
1
Cash, Cash Equivalents & STI
1
Accounts Receivable, Net
- -
Inventories
- -
Total Current Liabilities
- -
Payables & Accruals
- -
ST Debt
- -
Deferred Revenue
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
0.05
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Sumit Mehta
Full Time Employees
3
Sector
Financial Services
Industry
Financial - Conglomerates
Address
Central Park Towers Offices Dubai DU United Arab Emirates United Arab Emirates
IPO Date
Feb 24, 2026
Business
Iris Acquisition Corp II, a Cayman Islands exempted company, operates as a blank-check or special purpose acquisition company formed to pursue mergers, amalgamations, share exchanges, asset acquisitions, share purchases, recapitalizations, reorganizations, or similar business combinations with one or more enterprises. The company focuses on a globally oriented, generalist investment approach, seeking to identify and combine with a high-quality, small- to mid-market target that can unlock accelerated growth through a public listing. Iris Acquisition Corp II is headquartered in Dubai, United Arab Emirates, with management and deal execution capabilities anchored in the United Arab Emirates and the broader Middle East region. The firm was established in 2025 and is led by a leadership team with prior experience sponsoring SPAC transactions and completing a business combination, demonstrating a disciplined sourcing, execution, and strategic partnership capability. Latest major changes and notable activities include: advancing its business combination process with target entities, pursuing strategic alliances and financing arrangements to support its merger trajectory, and pursuing regulatory and listing-related steps to align with potential post-transaction public market requirements. The company has engaged in public disclosures outlining its target-agnostic use of proceeds, its pipeline development, and the potential for cross-border opportunities, while continuing to refine its structure to enable a successful combination and subsequent listing if a suitable target is identified. Iris Acquisition Corp II’s product and service focus remains centered on identifying, evaluating, and consummating a comprehensive business combination or similar transaction designed to create scale, strategic transformation, and stakeholder value for its investors. The firm’s operations cover cross-border deal sourcing, financial and legal positioning, due diligence, and post-merger integration planning as it constructs a platform for eventual public-market exposure. The company’s corporate structure also contemplates potential corporate reorganizations or rebrand considerations aligned with its successor entity post-transaction. Iris Acquisition Corp II maintains a governance framework consistent with SPAC practices, including shareholder diligence, proxy processes, and compliance with applicable listing standards to support a potential future listing on a major exchange.