Research analysts covering FutureCrest Acquisition.
Recent press releases and 8-K filings for FCRS.
FutureCrest Acquisition Corp. Completes Initial Public Offering and Private Placement
FCRS
New Projects/Investments
M&A
- FutureCrest Acquisition Corp. consummated its initial public offering (IPO) of 28,750,000 units at $10.00 per unit, generating $287,500,000 in gross proceeds on September 29, 2025.
- Simultaneously with the IPO, the company completed a private placement of 3,500,000 warrants at $2.00 per warrant, generating $7,000,000 in gross proceeds.
- A total of $287,500,000 from the net proceeds of the IPO and the private placement warrants was placed in a U.S.-based trust account.
- As of September 29, 2025, the company, a blank check company incorporated on June 9, 2025, had not commenced any operations and reported total assets of $288,918,415, including $287,500,000 cash held in the Trust Account.
Oct 3, 2025, 8:10 PM
FutureCrest Acquisition Corp. Announces Pricing of Initial Public Offering
FCRS
Debt Issuance
New Projects/Investments
- FutureCrest Acquisition Corp. announced the pricing of its initial public offering (IPO) of 25,000,000 units at a price of $10.00 per unit.
- The units are expected to begin trading on the New York Stock Exchange (NYSE) under the ticker symbol "FCRS.U" on September 26, 2025.
- Each unit consists of one Class A ordinary share and one-quarter of one redeemable warrant, with each whole warrant entitling the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share.
- The offering is expected to close on September 29, 2025, with $10.00 per unit to be deposited into a trust account upon closing.
- The company is a blank check company (SPAC) formed for the purpose of effecting a business combination, with an expected focus on the AI, digital assets, fintech, infrastructure, robotics, and communications industries.
Sep 29, 2025, 9:00 PM
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