4/A: Wolverine Asset Management Corrects Ownership Filing After Integrated Rail & Resources Announces Share Count

Wolverine Asset Management files an amended Form 4 to reflect its continued status as a 10% owner of Integrated Rail & Resources Acquisition Corp following the issuer's updated share count announcement.

Summary

• Wolverine Asset Management LLC filed an amended Form 4 on April 24, 2024, to correct a previous filing made on February 28, 2024.
• The amendment is due to Integrated Rail & Resources Acquisition Corp's announcement in its Form 10-K, filed on April 16, 2024, regarding the number of outstanding Class A common stock, which is 1,915,386 shares as of December 31, 2023.
• Wolverine Asset Management remains a 10% owner of the company.
• The filing reports a transaction on February 12, 2024, where 310,911 shares of Class A Common Stock were disposed of at a price of $11 per share.
• Following the reported transaction, Wolverine Asset Management beneficially owns 200,000 shares indirectly through Wolverine Flagship Fund Trading Limited.

Sentiment

Score: 7

Explanation: The sentiment is neutral. The filing is a routine correction to reflect an updated share count and maintain accurate reporting. There is no indication of positive or negative performance.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders and large shareholders. This filing is triggered by a change in the reported number of outstanding shares by the company.

Stakeholder Impact

• Shareholders are informed of the ownership structure of the company.
• The filing ensures transparency and compliance with SEC regulations.

Key Dates