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Future Money Acquisition Corporation Rights (FMACR) Stock News

FMACR NASDAQ
Rhea-AI Summary

Future Money Acquisition Corporation (Nasdaq: FMACU/FMAC) closed its initial public offering of 11,200,000 units at $10.00 per unit, including a partial exercise of a 1,200,000-unit overallotment, raising gross proceeds of $112,000,000 on March 27–30, 2026. Concurrent private placement raised $3,040,000, and $112,560,000 was deposited in a trust account.

Each unit includes one ordinary share and one right to one-fifth of a share upon a business combination; ordinary shares and rights are expected to trade as FMAC and FMACR after separation.

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Rhea-AI Summary

Future Money Acquisition Corporation (NASDAQ:FMACU/FMAC) priced a $100,000,000 initial public offering of 10,000,000 units at $10.00 per unit, with trading expected to begin March 27, 2026 and closing targeted for March 30, 2026 subject to customary conditions.

Each unit includes one ordinary share and one right to receive one-fifth of a share upon a business combination; underwriters have a 45-day option to purchase up to 1,500,000 additional units. The sponsor is Future Wealth Capital Corp.; sole book-runner is D. Boral Capital.

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FAQ

What is the current stock price of Future Money Acquisition Corporation Rights (FMACR)?

Future Money Acquisition Corporation Rights (FMACR) last closed at $0.1469.