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Iron Horse Acquisitions Corp. Completes Business Combination with Zhong Guo Liang Tou Group Limited
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- Iron Horse Acquisitions Corp. (IROH) successfully completed its business combination with Rosey Sea Holdings Limited, the parent company of Zhong Guo Liang Tou Group Limited (CFI), on September 30, 2025.
- The combined company will operate as CN Healthy Food Tech Group Corp. and its common stock will begin trading on Nasdaq under the ticker symbol "UCFI" starting October 1, 2025.
- In connection with the business combination, 6,701,349 shares were redeemed at $10.60 per share, totaling approximately $68.65 million as of June 30, 2025.
- Immediately following the transactions, the company had 51,235,000 shares of common stock issued and outstanding.
- Unaudited pro forma combined financial results for the six months ended June 30, 2025, show revenue of $11.979 million and net income of $2.549 million, resulting in basic earnings per share of $0.05.
Oct 6, 2025, 9:26 PM
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