Integrated Rail and Resources Acquisition Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

OTCPK:IRRX Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
12 Feb 24	SellUS$3,420,021	Wolverine Asset Management, LLC	Company		310,911	US$11.00
16 Aug 23	SellUS$21,123,731	Saba Capital Management, L.P.	Company		1,950,483	US$10.83

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top 25 shareholders own 123.77% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
55.3%	Dhip Natural Resources Investments, Llc	4,234,840	US$46.4m	0%	no data
17.3%	Context Capital Management LLC	1,323,438	US$14.5m	0%	59.07%
5.17%	Fir Tree Capital Management LP	396,490	US$4.3m	-7.72%	1.15%
3.82%	Cowen Inc,Private Banking and Investment Banking Investments	292,642	US$3.2m	0%	0.15%
3.35%	Westchester Capital Management, LLC	256,500	US$2.8m	714%	0.15%
3.11%	Saba Capital Management, L.P.	238,251	US$2.6m	0%	0.05%
3.08%	Periscope Capital Inc.	236,207	US$2.6m	0%	0.5%
3%	Shaolin Capital Management LLC	230,000	US$2.5m	-23.3%	0.77%
2.98%	Meteora Capital, LLC	228,663	US$2.5m	0%	0.52%
2.61%	Wolverine Asset Management, LLC	200,000	US$2.2m	-62.2%	0.12%
2.48%	RiverNorth Capital Management, LLC	190,136	US$2.1m	0%	0.1%
2.46%	WR Berkley Corp., Asset Management Arm	188,887	US$2.1m	0%	0.16%
2.1%	Mint Tower Capital Management B.V.	161,343	US$1.8m	0%	1.92%
2.08%	Walleye Capital LLC	159,771	US$1.7m	0%	0.01%
1.99%	Crystalline Management, Inc.	152,287	US$1.7m	0%	3.26%
1.97%	SKYVIEW Investment Advisors, LLC	150,955	US$1.7m	0%	0.41%
1.91%	Sandia Investment Managment LP	146,500	US$1.6m	-63.7%	1.26%
1.91%	Quarry LP	146,500	US$1.6m	0%	0.88%
1.86%	Polar Asset Management Partners Inc.	142,425	US$1.6m	0%	0.05%
1.17%	Boothbay Fund Management, LLC	89,731	US$982.6k	0%	0.04%
1.13%	Flow State Investments, LP	86,465	US$946.8k	-0.32%	0.68%
0.98%	Radcliffe Capital Management, L.P.	75,141	US$822.8k	-9.94%	0.2%
0.75%	Virtu Financial LLC, Asset Management Arm	57,539	US$630.0k	0%	0.05%
0.68%	Centiva Capital, LP	52,370	US$573.5k	0%	0.04%
0.66%	Spring Creek Capital, LLC	50,704	US$555.2k	0%	0.06%