04:37 AM EST, 02/03/2026 (MT Newswires) -- Iris Acquisition Corp II (IRAB) said late Monday it priced its initial public offering of 15 million units at $10 apiece.
IPO underwriter has a 45-day overallotment option to purchase up to 2.25 million additional units.
Each unit comprises one class A share and one-half of a redeemable warrant.
The blank-check company expects its units to start trading on the New York Stock Exchange under the ticker symbol IRABU Tuesday, while its shares and warrants are expected to be traded under the symbols IRAB and IRABW, respectively.
Iris Acquisition expects the IPO to close Wednesday.