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Iron Horse II updates investor presentation for proposed Electra business combination; Electra valued at $250M pre-money
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Iron Horse II announced an updated investor presentation for its proposed business combination with Electra, highlighting Electra's $250.3M pre-money valuation and a 5.3 TWh sales pipeline. Key Highlights: Updated investor presentation filed as Exhibit 99.1 describing the proposed merger with Electra and related transaction details. Electra positioned as AI-driven battery intelligence provider with 20 patents, 1 GWh controlled batteries, and a 5.3 TWh pipeline.…
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Supertanker chartered from Gulf Coast to China for $76 million, 10 times higher than pre-war levelRead story summary
A supertanker was recently chartered to sail from the U.S. Gulf Coast to China for $76 million, a source familiar told CNBC, as shipping costs soar globally due to the crisis in the Middle East. The Alexandros was chartered by the trading firm Trafigura and is expected to load around Nov. 19, the source said. A normal rate for the route based on pre-war ...
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