Integrated Rail and Resources Acquisition Corp.
IRRX-UN
New York Stock Exchange10.86
USD
-0.04
- -
CIK
0001854795
Return %
Stock
S&P500
1Y
3.23
18.21
3Y
8.49
63.29
5Y
8.49
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Mark A. Michel
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 6100 Southwest Boulevard Fort Worth TX United States of America 76109
- IPO Date
- Nov 12, 2021
- CIK
- 0001854795
- Similar Companies
- Business
- Integrated Rail and Resources Acquisition Corp. (IRRX-UN) operates as a blank check company whose principal business activity is effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company conducts no significant operations other than seeking a target in North America, focusing on railroad companies that transport bulk commodities; terminal companies that transload bulk commodities to and from railroads, pipelines, trucks and ports; producers of bulk commodities moved by railroads in large volumes; and manufacturers of rail cars used to transport bulk commodities. Incorporated in 2021 and headquartered in Winter Park, Florida, it functions as a subsidiary of DHIP Natural Resources Investments, LLC. In August 2024, the company entered into a Business Combination Agreement with Tar Sands Holdings II, LLC, which owns refining and real estate assets, minerals and mining rights located in Vernal, Utah, including a refinery targeted for restart and optimization with a planned transload terminal development; the transaction, aimed at a subsequent NASDAQ listing, remains pending customary closing conditions including regulatory approvals and shareholder approval as of multiple amendments through November 2025. The company sponsor has extended the business combination deadline multiple times, most recently from November 15, 2025, to December 15, 2025, pursuant to the Investment Management Trust Agreement originally dated November 11, 2021 and amended February 8, 2024; prior extensions shifted the timeline incrementally from July 2024 through October 2025. In September 2025, IRRX entered a fifth amendment to the merger agreement, extending the termination date to December 1, 2025, and amended its unsecured promissory note with Trident Point 2, LLC, maintaining a maximum principal of $1,400,000 with maturity aligned to the business combination closing. The company was delisted from the NYSE in March 2024 for failing continued listing standards and now trades on OTC Markets.