What is Iris Acquisition 's balance in trust account?

Iris Acquisition (IRAB) reported balance in trust account of $168.5M in Q1 2026.

What does balance in trust account mean?

The total cash and marketable securities held in a restricted trust account, designated for use in a future business combination or for shareholder redemptions. This is the primary asset of a SPAC, representing the capital available to execute the company's acquisition strategy. It serves as the core indicator of the company's purchasing power.

Iris Acquisition IRAB Balance in trust account

Balance in trust account at other companies

HVI

Hennessy Capital Investment Corp. VII Ordinary SharesHVII

$198.57M—

Other financials

Income statement

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Operating income-$144.1K—

Net income$773.9K—

Balance sheet

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Cash & equivalents$854.8K—

Total debt$84.6K—

Total equity-$6.4M—

Total assets$170.4M—

Cash flow

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Operating cash flow-$9.8K—

Valuation

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Market cap$227.44M+0.2%

Enterprise value$226.67M—

Returns & leverage

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Debt / equity-0×—

Current ratio2.9×—

Where this comes from

Reported directly by Iris Acquisition in its filing.

Tagged under the XBRL concept us-gaap:AssetsHeldInTrust.

The official record: Iris Acquisition ’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Iris Acquisition 's balance in trust account?: Iris Acquisition (IRAB) reported balance in trust account of $168.5M in Q1 2026.
What does balance in trust account mean?: The total cash and marketable securities held in a restricted trust account, designated for use in a future business combination or for shareholder redemptions. This is the primary asset of a SPAC, representing the capital available to execute the company's acquisition strategy. It serves as the core indicator of the company's purchasing power.