- Business
- Iron Horse Acquisitions Corp. (NASDAQ: IROH) operates as a blank check company, or special purpose acquisition company (SPAC), focused on effecting mergers, share exchanges, asset acquisitions, stock purchases, recapitalizations, reorganizations, or similar business combinations with one or more target businesses. Incorporated in Delaware in 2021 and headquartered in Toluca Lake, California, the company initially targeted opportunities in the media and entertainment sector, including content studios, film production, family entertainment, animation, music, gaming, e-sports, talent management, and related brands primarily in the United States. It generates no significant operations or revenues prior to completing a business combination, holding proceeds from its initial public offering in trust.
In a major strategic development, Iron Horse completed a reverse merger business combination on September 30, 2025, with Rosey Sea Holdings Limited, parent of Zhong Guo Liang Tou Group Limited (d/b/a China Food Investment or CFI), resulting in CFI becoming a wholly owned subsidiary. The combined entity operates as CN Healthy Food Tech Group Corp., trading on Nasdaq under the new tickers UCFI and UCFIW effective October 1, 2025, shifting focus to CFI's integration of research, development, production, and sales of food biotechnology and healthy products promoting green consumption. This transaction, initially announced in September 2024 and approved by shareholders on June 20, 2025, followed receipt of PRC regulatory clearance and amendments to extend deadlines, marking Iron Horse's transition from SPAC to an operating health food enterprise targeting Asia and international online-offline markets.