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Iris Acquisition Corp II (IRAB)

Financial Services | Shell Companies | Dubai, United Arab Emirates | NYSE
10.01 USD

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take ↕ | Oct. 10, 2026, 2:11 a.m. EDT

The security is trading at its $10 trust value, exhibiting the classic range-bound behavior of a shell company awaiting a business combination. While recent price action shows minor volatility around the $10 mark, the lack of any meaningful price history prevents assessing a multi-year trend, and the absence of a dividend stream eliminates income potential entirely. The recent news of a letter of intent for a business combination suggests a potential catalyst, but until the deal closes and fundamentals shift, the investment case remains speculative with no earnings or cash flow to support a higher valuation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.004902
AutoARIMA0.005658
MSTL0.006207
AutoETS0.006358

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 67%
H-stat 23.62
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.57
Attribute Value
Sector Financial Services
Market Cap 229,275,728
Website https://irisspac.com

Info Dump

Attribute Value
52 Week Change 0.013157845
Address1 Central Park Towers Offices
Address2 OT 09-31 Dubai International Financial Centre PO Box 941641
All Time High 10.17
All Time Low 9.81
Ask 0.0
Ask Size 100
Average Daily Volume10 Day 46,720
Average Daily Volume3 Month 28,204
Average Volume 28,204
Average Volume10Days 46,720
Bid 0.0
Bid Size 700
Book Value -0.29
City Dubai
Country United Arab Emirates
Crypto Tradeable 0
Currency USD
Current Price 10.01
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 10.01
Day Low 10.01
Dividend Yield 0.0
Ebitda Margins 0.0
Enterprise Value 228,639,344
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 10.001
Fifty Day Average Change 0.0089998245
Fifty Day Average Change Percent 0.0008998924
Fifty Two Week Change Percent 1.3157845
Fifty Two Week High 10.17
Fifty Two Week High Change -0.15999985
Fifty Two Week High Change Percent -0.015732532
Fifty Two Week Low 9.81
Fifty Two Week Low Change 0.19999981
Fifty Two Week Low Change Percent 0.02038734
Fifty Two Week Range 9.81 - 10.17
Financial Currency USD
First Trade Date Milliseconds 1,771,943,400,000
Float Shares 14,688,076
Full Exchange Name NYSE
Fullday Change 0.0
Fullday Change Percent 0.0
Fullday Price 10.01
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.014520001
Held Percent Institutions 0.88223
Implied Shares Outstanding 22,904,667
Industry Shell Companies
Industry Disp Shell Companies
Industry Key shell-companies
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Iris Acquisition Corp II does not have significant operations. It focuses on entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. Iris Acquisition Corp II was incorporated in 2025 and is based in Dubai, the United Arab Emirates.
Long Name Iris Acquisition Corp II
Market us_market
Market Cap 229,275,728
Market State PRE
Max Age 86,400
Message Board Id finmb_1955641757
Most Recent Quarter 1,782,777,600
Net Income To Common -136,046
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 229,046,670
Open 9.99
Operating Cashflow 0
Operating Margins 0.0
Phone 971 4 3966949
Previous Close 10.01
Price Hint 2
Price To Book -34.517242
Profit Margins 0.0
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 10.01
Regular Market Day Low 10.01
Regular Market Day Range 10.01 - 10.01
Regular Market Open 9.99
Regular Market Previous Close 10.01
Regular Market Price 10.01
Regular Market Time 1,791,900,188
Regular Market Volume 7
Sand P52 Week Change 0.16207206
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 17,288,000
Shares Percent Shares Out 0.0
Shares Short 256
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 39
Short Name Iris Acquisition Corp II
Short Percent Of Float 0.0
Short Ratio 0.01
Source Interval 15
Symbol IRAB
Total Cash 699,573
Total Cash Per Share 0.031
Total Debt 63,207
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 9.935337
Two Hundred Day Average Change 0.07466316
Two Hundred Day Average Change Percent 0.00751491
Type Disp Equity
Volume 7
Website https://irisspac.com