Ironbound Forge Expansion Notes

A seventy-year-old forge with an ASME Section III stamp and a backlog it cannot currently fill.

The bottleneck in nuclear construction is rarely the reactor. It is large-diameter forgings, and there are very few shops in the country qualified to make them. Ironbound has been forging since 1954, holds an ASME Section III certificate, and turns away work. Proceeds buy a second ring forge. Revenue is contracted across six developers, so no single reactor program determines the outcome.

Ironbound Forge Works · Coatesville, PANot applicableEscrow: Meridian Trust, N.A.

TRL 9 of 9, band 8.7 to 9, signed by Dr. Samuel Adeyemi, PhD Nuclear Engineering; ASME Section III reviewer, on Jul 7, 2026.See the evidence it rests on

$9,408,000 committed of $32,000,000

$9,408,000 released · 29% subscribed

Released to the issuerCommitted, held in escrowRemaining

Minimum: $500
Target coupon: 6.25%
Term: 6 yr
Investors: 1,046

Closes February 28, 2027 · 168 days remaining

Eligibility depends on residency, accreditation status and how much you have already invested this year.
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Instrument and terms

Instrument: Fixed-rate note
Risk tier: Tier II · Operating Assets
Target coupon: 6.25%
Expected term: 6 yr
Price per unit: $100
Minimum investment: $500
Target raise: $32,000,000
Opens: July 20, 2026
Closes: February 28, 2027
Escrow agent: Meridian Trust, N.A.

Regulatory rail

Exemption: Regulation A+ Tier 2
Offering ceiling: $75M / 12 mo
Who can buy: All investors, 10% of income or net worth
Resale: Freely tradable
Resale restriction: None
Residency: No restriction
Accreditation: Not required

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