Iris Acquisition Corp II Announces Pricing of $150,000,000 Initial Public Offering

Company Overview - Iris Acquisition Corp II is a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, aimed at entering into a business combination with one or more businesses [5] - The management team includes Sumit Mehta (CEO), Rohit Nanani (Chairman), Lisha Parmar (CFO), and Omkar Halady (VP and Secretary), along with board members Manish Shah, Janine Yorio, Allen Wang, and Robert Henry [5] Initial Public Offering (IPO) Details - The company announced the pricing of its initial public offering of 15,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant [1] - Each whole warrant will entitle the holder to purchase one Class A ordinary share at $11.50 per share, and the units are expected to trade on the NYSE under the ticker symbol "IRABU" starting February 3, 2026 [1] - The offering is expected to close on February 4, 2026, subject to customary closing conditions [1] Underwriting and Additional Options - Cohen & Company Capital Markets is acting as the sole book-running manager for the offering [2] - The company has granted the underwriter a 45-day option to purchase up to an additional 2,250,000 units at the initial public offering price to cover over-allotments [2] Regulatory Information - A registration statement relating to the securities sold in the IPO was declared effective by the U.S. Securities and Exchange Commission on January 30, 2026 [3] - The offering is being made only by means of a prospectus, which can be obtained from Cohen & Company Capital Markets or accessed via the SEC's website [3]