Iris Acquisition Corp II 8-K

What Happened

• Iris Acquisition Corp II (IRAB) filed a Form 8-K (Item 8.01) on May 13, 2026 announcing that it informed Freedom Metals Corporation it was terminating a previously announced non-binding letter of intent (LOI) related to a potential business combination.
• The LOI had been disclosed by the registrant on March 9, 2026. The May 13, 2026 filing reports the decision to end that LOI.

Key Details

• LOI parties: Iris Acquisition Corp II and Freedom Metals Corporation.
• LOI status: Non-binding; originally announced March 9, 2026.
• Termination communicated: May 13, 2026 (reported in Form 8-K, Item 8.01).
• The 8-K also included the cover page interactive data exhibit (Exhibit 104).

Why It Matters

• For investors, the termination means this particular path to a merger or acquisition between Iris Acquisition and Freedom Metals will not proceed under the previously disclosed LOI.
• Because Iris Acquisition is pursuing business combinations, ending the LOI removes one potential target from its pipeline; investors should watch for future announcements about new targets, definitive agreements, or other material developments.