Zarren Law Group, LLC (ZLG), a boutique business law firm,is pleased to announce it has represented Iron Horse Acquisitions Corp. (NASDAQ: IROH) (Iron Horse), a special purpose acquisition company (SPAC), in the initial listing of its securities on the Nasdaq Global Market, where its units are now trading under the ticker symbol “IROHU” following the consummation of the offering on December 29, 2023, following a pricing of the offering on December 27, 2023. The offering generated $69,000,000 in gross proceeds after factoring in over-allotments.
The Iron Horse team is a multi-cultural, multi-ethnic mixture of seasoned public-company executives, Hollywood insiders, media operators, media investors, and public markets specialists that plans on sourcing target companies for its initial business combination from within its team’s network and sphere of expertise, such as celebrity content studios and film production, family entertainment, animation, music, gaming, e-sports, talent management, and talent-facing brands and businesses, with a primary focus on media & entertainment companies in the United States.
“The ZLG team did a stellar job getting our IPO on file and ensuring we were able to close it before year-end, despite only having a small window between receiving SEC approval and the last day of 2023,” said Jose Bengochea, Chief Executive Officer of Iron Horse, adding: “I have worked with many law firms over the years (particularly large firms) and this group outshined all of them in terms of responsiveness, experience, their practical nature and overall value. In particular, Ken worked tirelessly over the holidays to enable us to hit our desired timeline. We are proud to have been the last IPO of 2023 and are excited to see what the future has in store for Iron Horse!”
“I, along with the rest of our team, couldn’t be happier for Jose and the Iron Horse team!We appreciate their trust in us to represent them in launching and consummating their IPO. We are also excited we have the capability to represent public companies in connection with IPOs as well as their regular filings, M&A and other practice areas,” said Adam Zarren, Managing Partner of ZLG. Jason Harmon, a ZLG Partner, added: “It was a pleasure working with Jose and his team, and we congratulate them on their successful offering.”
Ken Winterbottom, Counsel at ZLG, echoed these sentiments, adding: “Jose’s drive, dedication and unmatched tenacity consistently impress all who know him, and we are grateful his team chose ZLG to help them with their offering. Iron Horse was able to complete its IPO on a truncated timeframe and with no overfund, even though it is a first-time SPAC sponsor, and its stock is already trading up. We congratulate the company on accomplishing such an amazing milestone, and we look forward the exciting things on the horizon for Iron Horse.”
About Iron Horse Acquisitions Corp.
Iron Horse Acquisitions Corp. is a diverse-led, media & entertainment focused blank check company founded by Jose A. Bengochea, who is also the Company’s CEO, and led by the CEO, along with COO Bill Caragol, CFO Jane Waxman, Chairman Brian Turner, and Independent Directors Ken Hertz, Scott Morris, and Lisa Harrington, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company’s efforts to identify a prospective target business will not be limited to a particular industry or geographic region, although the Company is comprised of several media, entertainment, tech, and public markets specialists who boast a wide array of contacts and experiences across the ever-evolving space. Iron Horse Acquisitions Corp. will examine deals spanning several verticals, including but not limited to production studios, celebrity-backed content creators, talent-facing consumer products, gaming, fantasy sports, music rights aggregators, music licensors, international music labels, K‑POP, AI, social media marketers, talent management & talent services, and more.
About Zarren Law Group, LLC (ZLG)
ZLG is a boutique business transactional law firm primarily comprising former “big firm” attorneys who are dedicated to delivering exceptional results by employing a results-oriented, value-driven approach to resolve clients’ intricate legal and business challenges. ZLG is known for its innovative legal solutions and a pragmatic approach, earning accolades from clients and strategic partners who appreciate ZLG’s ability to address the legal, technical, financial, and market intricacies of complex transactions.ZLG’s core areas of focus encompass corporate law, business law, mergers and acquisitions, private placements, financings/loan transactions, intellectual property, tax, real estate, and various other business transactional matters. For more details, please visit www.zarrenlawgroup.com.
