Iris Acquisition Corp. II Plans to Buy Unit From American Tungsten & Antimony

Dow Jones

Mar 10

By Kelly Cloonan

Iris Acquisition Corp. II signed a non-binding letter of intent to acquire Freedom Metals, a new unit expected to be formed by American Tungsten & Antimony.

Under the proposed acquisition, American Tungsten & Antimony would contribute its Sage Hen Nevada Tungsten and Central Idaho Antimony projects into Freedom Metals, Iris said Monday. Freedom Metals would focus on advancing high-grade antimony and tungsten assets, which are key for modern defense systems, advanced manufacturing and energy technologies, Iris said.

Under the letter of intent, Freedom Metals would become the publicly listed entity after the closing of its combination with Iris.

The proposed deal is subject to negotiation and execution of definitive agreements, completion of due diligence, regulatory approvals, customary closing conditions and approval by the boards and shareholders of both parties, Iris said.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

March 09, 2026 17:04 ET (21:04 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/2618677324"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2618677324\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2618677324?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-10 05:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2618677324","market":"sg","top_or_hot":-1,"title":"Iris Acquisition Corp. II Plans to Buy Unit From American Tungsten & Antimony","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Kelly Cloonan \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/IRABU\">Iris Acquisition Corp. II</a> signed a non-binding letter of intent to acquire Freedom Metals, a new unit expected to be formed by American Tungsten &amp; Antimony. \n</p>\n<p>\n  Under the proposed acquisition, American Tungsten &amp; Antimony would contribute its Sage Hen Nevada Tungsten and Central Idaho Antimony projects into Freedom Metals, Iris said Monday. Freedom Metals would focus on advancing high-grade antimony and tungsten assets, which are key for modern defense systems, advanced manufacturing and energy technologies, Iris said. \n</p>\n<p>\n  Under the letter of intent, Freedom Metals would become the publicly listed entity after the closing of its combination with Iris. \n</p>\n<p>\n  The proposed deal is subject to negotiation and execution of definitive agreements, completion of due diligence, regulatory approvals, customary closing conditions and approval by the boards and shareholders of both parties, Iris said. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 09, 2026 17:04 ET (21:04 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Iris Acquisition Corp. II Plans to Buy Unit From American Tungsten & Antimony</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIris Acquisition Corp. II Plans to Buy Unit From American Tungsten & Antimony\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-10 05:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Kelly Cloonan \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/IRABU\">Iris Acquisition Corp. II</a> signed a non-binding letter of intent to acquire Freedom Metals, a new unit expected to be formed by American Tungsten &amp; Antimony. \n</p>\n<p>\n  Under the proposed acquisition, American Tungsten &amp; Antimony would contribute its Sage Hen Nevada Tungsten and Central Idaho Antimony projects into Freedom Metals, Iris said Monday. Freedom Metals would focus on advancing high-grade antimony and tungsten assets, which are key for modern defense systems, advanced manufacturing and energy technologies, Iris said. \n</p>\n<p>\n  Under the letter of intent, Freedom Metals would become the publicly listed entity after the closing of its combination with Iris. \n</p>\n<p>\n  The proposed deal is subject to negotiation and execution of definitive agreements, completion of due diligence, regulatory approvals, customary closing conditions and approval by the boards and shareholders of both parties, Iris said. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 09, 2026 17:04 ET (21:04 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IRAB","symbol_name":"Iris Acquisition Corp II","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2618677324","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618677324","pubTimestamp":1773090240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Iris Acquisition Corp. II signed a non-binding letter of intent to acquire Freedom Metals, a new unit expected to be formed by American Tungsten & Antimony.Under the proposed acquisition, American Tungsten & Antimony would contribute its Sage Hen Nevada Tungsten and Central Idaho Antimony projects into Freedom Metals, Iris said Monday. Freedom Metals would focus on advancing high-grade antimony and tungsten assets, which are key for modern defense systems, advanced manufacturing and energy technologies, Iris said.Under the letter of intent, Freedom Metals would become the publicly listed entity after the closing of its combination with Iris.The proposed deal is subject to negotiation and execution of definitive agreements, completion of due diligence, regulatory approvals, customary closing conditions and approval by the boards and shareholders of both parties, Iris said.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IRAB":"Iris Acquisition Corp II","IRABU":"Iris Acquisition Corp. II","AFG":"美国金融集团有限公司","BK7095":"多种金属与采矿","BK4107":"财产与意外伤害保险","BK4117":"多元化保险","AT4.AU":"AMERICANTU FPO"},"translate_title":"Iris Acquisition Corp.II计划从American Tungsten&Antimony购买部门","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IRAB":0.9,"IRABU":1.5,"AFG":1.5,"AT4.AU":0.9},"content_text":"By Kelly Cloonan \n\n\n \n\n\nIris Acquisition Corp. II signed a non-binding letter of intent to acquire Freedom Metals, a new unit expected to be formed by American Tungsten & Antimony. \n\n\n  Under the proposed acquisition, American Tungsten & Antimony would contribute its Sage Hen Nevada Tungsten and Central Idaho Antimony projects into Freedom Metals, Iris said Monday. Freedom Metals would focus on advancing high-grade antimony and tungsten assets, which are key for modern defense systems, advanced manufacturing and energy technologies, Iris said. \n\n\n  Under the letter of intent, Freedom Metals would become the publicly listed entity after the closing of its combination with Iris. \n\n\n  The proposed deal is subject to negotiation and execution of definitive agreements, completion of due diligence, regulatory approvals, customary closing conditions and approval by the boards and shareholders of both parties, Iris said. \n\n\n \n\n\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 09, 2026 17:04 ET (21:04 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}