ELECTRA AI And Iron Horse Acquisition II File S-4 Amendment No. 1; Provide Updated Financial Statements And Business Information; Advance Proposed Business Combination

Updated filing and investor presentation mark continued progress toward ELECTRA's Nasdaq listing

Electra Vehicles, Inc. ("ELECTRA AI" or "ELECTRA"), the AI Brain for Batteries™ platform, and Iron Horse Acquisition II Corp. (NASDAQ:IRHO) ("Iron Horse") today announced the filing of Amendment No. 1 to the Registration Statement on Form S-4 (as amended, the "Registration Statement") with the U.S. Securities and Exchange Commission (the "SEC") in connection with their previously announced proposed business combination (the "Business Combination") pursuant to the Merger Agreement, dated as of April 21, 2026, as amended on May 14, 2026 (the "Merger Agreement").

The Registration Statement reflects responses to comments received from the SEC staff and includes ELECTRA’s unaudited condensed consolidated financial statements as of and for the six months ended June 30, 2026, along with updated information on ELECTRA’s business, market opportunity, and Business Combination.