<span item_type="fundamental" item_id="b96e7236fc4c64a854aec7ffe96567d7" counter_id="ST/US/IROHU" env="prod"></span><span item_type="announcement" item_id="516343537776270337" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD 0.01.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Interest Earned on Marketable Securities Held in Trust Account</strong>: $752,929 for the three months ended March 31, 2025, compared to $858,253 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901203/000121390025043698/ea0241893-10q_ironhorse.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Income</strong>: $83,760 for the three months ended March 31, 2025, compared to $473,415 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901203/000121390025043698/ea0241893-10q_ironhorse.htm"></span></li><li><strong>Formation and Operational Costs</strong>: $519,958 for the three months ended March 31, 2025, compared to $479,858 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901203/000121390025043698/ea0241893-10q_ironhorse.htm"></span></li><li><strong>Provision for Income Taxes</strong>: $149,211 for the three months ended March 31, 2025, compared to $211,115 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901203/000121390025043698/ea0241893-10q_ironhorse.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities</strong>: - $409,287 for the three months ended March 31, 2025, compared to - $374,077 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901203/000121390025043698/ea0241893-10q_ironhorse.htm"></span></li><li><strong>Cash Withdrawn from Trust Account to Pay for Franchise Taxes</strong>: $167,650 for the three months ended March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901203/000121390025043698/ea0241893-10q_ironhorse.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Common Stock Subject to Possible Redemption</strong>: 6,900,000 shares at a redemption value of $10.52 per share as of March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901203/000121390025043698/ea0241893-10q_ironhorse.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company is focused on completing a business combination by June 29, 2025, to avoid mandatory liquidation. The business combination agreement with Rosey Sea Holdings Limited involves acquiring Zhong Guo Liang Tou Group Limited, with the issuance of between 40,988,000 and 47,888,000 shares of common stock to the seller, depending on redemption levels.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901203/000121390025043698/ea0241893-10q_ironhorse.htm"></span></li><li><strong>Non-Core Business</strong>: The company has issued promissory notes to fund extensions for completing the business combination, with a recent note issued on March 26, 2025, to extend the period to June 29, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901203/000121390025043698/ea0241893-10q_ironhorse.htm"></span></li></ul>

Iron Horse Acquisitions - Unit | 10-Q: FY2025 Q1 EPS: USD 0.01