Integrated Rail & Resources Acquisition Corp. Class A (IRRX) has released an update.
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At a Special Meeting on February 12, 2024, Company stockholders decisively voted to approve several key proposals, including an Extension Amendment, the re-election of Director Brian Feldott, and the ratification of Marcum LLP as the independent auditor for the upcoming fiscal year. With a strong turnout, over 73% of shares were represented, showing stockholder engagement and support for the company’s direction. Additionally, a significant portion of stockholders exercised their right to redeem shares, amounting to approximately $50.3 million being withdrawn from the Company’s Trust Account.
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