IRHOR — what changed in the latest 10-Q
A section-by-section comparison of IRHOR's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-09 vs the prior 10-Q · 2026-07-13
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +21 | −11 | ~6 | 5 |
| Controls & procedures | Text added/removed | +1 | −1 | ~1 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Market risk (Item 3), Legal proceedings, Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-09
Although we initially intended to focus on target companies within the media and entertainment industry, on April 21, 2026, we entered into the Business Combination Agreement with Electra Vehicles, Inc., as described below.
On April 21, 2026, we entered into a merger agreement (as amended, the “Business Combination Agreement”), by and among us, IRHO Merger Sub Inc., a Delaware corporation and our direct, wholly owned subsidiary (“Merger Sub”), and Electra Vehicles, Inc., a Delaware corporation (“Electra”). Electra is d…
Capitalized terms used but not defined in this section have the meanings given to them in the Business Combination Agreement.
Pursuant to the Business Combination Agreement, we will domesticate from the Cayman Islands to the State of Delaware (the “Domestication”) and, at least one business day following the Domestication, Merger Sub will merge with and into Electra (the “Merger”), with Electra surviving the Merger as our …
We have agreed to acquire all of the equity interests of Electra for $250,000,000 plus the Aggregate Exercise Price, as adjusted pursuant to the terms of the Business Combination Agreement, payable in shares of our post-Domestication common stock (the “IRHO Common Shares”) valued at $10.00 per share…
Text removed vs the prior filing · source: 10-Q · 2026-07-13
We have neither engaged in any operations nor generated any revenues to date. Our only activities from November 26, 2024 (inception) through May 31, 2026 were organizational activities, those necessary to prepare for the Initial Public Offering, described below, and, after our Initial Public Offerin…
For the three months ended May 31, 2026, we had a net income of $1,301,099, which consists of interest earned on cash and investments held in the Trust Account of $2,074,592, offset by general, formation and operational costs of $773,493.
For the six months ended May 31, 2026, we had a net income of $2,659,996, which consists of interest earned on cash and investments held in the Trust Account of $3,711,448, offset by general, formation and operational costs of $1,051,452.
For the three months ended May 31, 2025, we had a net loss of $23,187, which consists of general, formation and operational costs of $23,187.
For the six months ended May 31, 2025, we had a net loss of $95,857, which consists of general, formation and operational costs of $95,857.
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-10-09
Under the supervision and with the participation of our management, including our principal executive officer and principal financial officer, we conducted an evaluation of the effectiveness of our disclosure controls and procedures as of August 31, 2026, as such term is defined in Rules 13a-15(e) a…
Text removed vs the prior filing · source: 10-Q · 2026-07-13
Under the supervision and with the participation of our management, including our principal executive officer and principal financial and accounting officer, we conducted an evaluation of the effectiveness of our disclosure controls and procedures as of the end of the fiscal quarter ended May 31, 20…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice