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DealsMay 13, 2026, 04:07 PM

Iris Acquisition II Terminates LOI with Freedom Metals

AI Summary

Iris Acquisition Corp II announced the termination of its non-binding letter of intent with Freedom Metals Corporation. This letter of intent, initially disclosed on March 9, 2026, was related to a potential business combination. The termination was formally communicated to Freedom Metals Corporation on May 13, 2026.

Key Highlights

  • Iris Acquisition Corp II terminated its non-binding letter of intent with Freedom Metals Corporation.
  • The letter of intent was for a potential business combination.
  • The original announcement of the non-binding LOI was made on March 9, 2026.
  • The termination was communicated to Freedom Metals Corporation on May 13, 2026.