STOCK TITAN

Forefront Tech (NASDAQ: FTHAU) to split units into shares and warrants

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Forefront Tech Holdings Acquisition Corp, a Cayman Islands-based blank check company, announced that starting June 22, 2026, investors can separately trade the Class A ordinary shares and warrants that were previously bundled as units from its initial public offering.

Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable for one Class A ordinary share at $11.50 per share. After separation, units will continue trading on Nasdaq as FTHAU, while the Class A shares and whole warrants will trade under FTHA and FTHAW. Forefront Tech is a special-purpose acquisition company targeting technology businesses, including blockchain-enabled artificial intelligence, digital trade identities, robotics, and platforms serving Southeast Asia and its cross-border corridors.

Positive

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Negative

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Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Warrant exercise price $11.50 per share Each whole warrant to buy one Class A ordinary share
Unit composition 1 share + 0.5 warrant per unit Structure of FTHAU units from initial public offering
Separate trading start date June 22, 2026 Date when shares and warrants may trade separately
Share ticker FTHA Nasdaq symbol for Class A ordinary shares
Warrant ticker FTHAW Nasdaq symbol for whole redeemable warrants
Unit ticker FTHAU Nasdaq symbol for units that remain bundled
blank check company financial
"The Company is a blank check company incorporated as an exempted company"
A blank check company is a publicly listed shell that raises money from investors before naming a specific business to buy or merge with, similar to handing a cashier a signed check and asking them to fill in the payee later. It matters to investors because it offers a faster, often cheaper path for private firms to become public, but carries extra risk since returns depend on the organizers’ ability to find a good deal and on limited information about the future business.
redeemable warrant financial
"one-half of one redeemable warrant (the “Warrants”) with each whole Warrant entitling"
A redeemable warrant is a financial tool that gives its holder the right to buy shares of a company at a fixed price within a certain period. If the holder chooses to do so, the company can buy back or cancel the warrant before it expires, often to encourage investment or manage share issuance. For investors, it provides an option to potentially buy shares at a favorable price while offering some flexibility for the issuing company.
initial public offering financial
"holders of the units sold in its initial public offering (the “Units”) may elect"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
Global Market tier market
"will trade on the Global Market tier of The Nasdaq Stock Market LLC"
forward-looking statements regulatory
"This press release includes forward-looking statements that involve risks and uncertainties"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
risk factors regulatory
"including those set forth in the Risk Factors section of the Registration Statement"
Risk factors are elements or conditions that could cause an investment's value to decrease or lead to potential losses. They are like warning signs or obstacles that can affect the success of an investment, making it uncertain or more unpredictable. Recognizing risk factors helps investors understand the possible challenges and make more informed decisions.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): June 18, 2026

 

Forefront Tech Holdings Acquisition Corp

(Exact name of registrant as specified in its charter)

 

Cayman Islands   001-43263   N/A
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

Suite 210, 2nd Floor, Windward III, Regatta Office Park, PO Box 500

Grand Cayman, Cayman Islands KY1-1106

(Address of principal executive offices, including zip code)

 

+1 (302) 406-3060

Registrant’s telephone number, including area code

 

Not Applicable
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which
registered
Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant   FTHAU   The Nasdaq Stock Market LLC
Class A ordinary shares, par value $0.0001 per share   FTHA   The Nasdaq Stock Market LLC
Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share     FTHAW   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 8.01. Other Events.

 

On June 18, 2026, Forefront Tech Holdings Acquisition Corp (the “Company”) announced that, commencing on June 22, 2026, the holders of units issued in its initial public offering (the “Units”), each Unit consisting of one Class A ordinary share of the Company, par value $0.0001 per share (the “Ordinary Shares”), and one-half of one redeemable warrant (the “Warrants”) with each whole Warrant entitling the holder thereof to purchase one Ordinary Share at a price of $11.50 per share, may elect to separately trade the Ordinary Shares and Warrants included in the Units. No fractional Warrants will be issued upon separation of the Units and only whole Warrants will trade. The Units not separated will continue to trade on the Global Market tier of The Nasdaq Stock Market LLC (the “Nasdaq”) under the symbol “FTHAU.” The Ordinary Shares and the Warrants will trade on the Nasdaq under the symbols “FTHA” and “FTHAW”, respectively. Holders of Units will need to have their brokers contact Odyssey Transfer and Trust Company, the Company’s transfer agent, in order to separate the Units into Ordinary Shares and Warrants.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release, dated June 18, 2026.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

1

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  FOREFRONT TECH HOLDINGS ACQUISITION CORP
       
  By: /s/ Peter Bilitsch
    Name: Peter Bilitsch
    Title: Chairman and Chief Executive Officer
       
Dated: June 18, 2026      

 

2

 

Exhibit 99.1

 

Forefront Tech Holdings Acquisition Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing June 22, 2026

 

GRAND CAYMAN, CAYMAN ISLANDS, June 18, 2026 (GLOBE NEWSWIRE) -- Forefront Tech Holdings Acquisition Corp (NASDAQ: FTHAU) (the “Company”) today announced that commencing June 22, 2026, holders of the units sold in its initial public offering (the “Units”) may elect to separately trade the Class A ordinary shares and warrants included in the Units. Each Unit consists of one Class A ordinary share and one-half of one redeemable warrant. No fractional warrants will be issued upon separation of the Units and only whole warrants will trade. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants are exercisable.

 

The Class A ordinary shares and warrants that are separated will trade on the Global Market tier of The Nasdaq Stock Market LLC (“Nasdaq”) under the symbols “FTHA” and “FTHAW”, respectively. Those Units not separated will continue to trade on the Nasdaq under the symbol “FTHAU”. Holders of the Units will need to have their brokers contact Odyssey Transfer and Trust Company, the Company’s transfer agent, in order to separate the Units into Class A ordinary shares and warrants.

 

The offering was made only by means of a prospectus, copies of which may be obtained from BTIG, LLC, Attention: 65 East 55th Street, New York, New York 10022, or by email at ProspectusDelivery@btig.com, or by accessing the SEC’s website, www.sec.gov.

 

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

About Forefront Tech Holdings Acquisition Corp

 

The Company is a blank check company incorporated as an exempted company under the laws of the Cayman Islands, which will seek to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While it may pursue an acquisition opportunity in any business, industry, sector or geographical location, it intends to focus on target businesses in the technology sector (with an emphasis on blockchain-enabled artificial intelligence, digital trade identities and robotics). The Company expects to focus on platforms serving Southeast Asia nations and the region’s cross-border corridors. Next Lion Sponsor Holdings LLC is the Company’s sponsor.

 

Forward-Looking Statements

 

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Registration Statement and related preliminary prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC’s website, www.sec.gov.

 

Contact:

 

Forefront Tech Holdings Acquisition Corp
Suite 210, 2nd Floor, Windward III, Regatta Office Park, PO Box 500
Grand Cayman, Cayman Islands, KY1-1106
Telephone: +1 (302) 406-3060

 

FAQ

What did Forefront Tech Holdings Acquisition Corp (FTHAU) announce on June 18, 2026?

Forefront Tech announced that, starting June 22, 2026, holders of its IPO units can separately trade the Class A ordinary shares and warrants. Previously bundled securities will now trade under distinct Nasdaq symbols for shares, warrants, and remaining units.

When can FTHAU unit holders begin separately trading shares and warrants?

Separate trading of Forefront Tech’s Class A ordinary shares and warrants begins on June 22, 2026. From that date, investors may split units through their brokers, creating independently tradable shares and whole warrants while unsplit units keep trading under the original FTHAU ticker.

How are Forefront Tech (FTHAU) units structured for investors?

Each Forefront Tech unit consists of one Class A ordinary share and one-half of one redeemable warrant. Only whole warrants are exercisable, so investors must hold at least two units to form a whole warrant that can later be used to purchase one share.

What are the trading symbols for Forefront Tech shares, warrants, and units?

After separation begins, Class A ordinary shares trade on Nasdaq as FTHA, and whole warrants trade as FTHAW. Units that remain unsplit continue trading under the original FTHAU symbol, giving investors a choice between bundled or separated securities.

What is the exercise price of Forefront Tech’s public warrants?

Each whole redeemable warrant entitles the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share. Only whole warrants can be exercised, and no fractional warrants are issued when investors separate units into shares and warrants.

What type of company is Forefront Tech Holdings Acquisition Corp?

Forefront Tech is a blank check, or special-purpose acquisition, company formed in the Cayman Islands. It plans to pursue a business combination with technology-focused targets, emphasizing blockchain-enabled artificial intelligence, digital trade identities, robotics, and platforms serving Southeast Asia and regional cross-border corridors.

How can FTHAU unit holders separate their units into shares and warrants?

Holders must have their brokers contact Odyssey Transfer and Trust Company, the company’s transfer agent, to process separation. After this step, investors receive individually tradable Class A ordinary shares and whole warrants, which then trade under the FTHA and FTHAW Nasdaq symbols.

Filing Exhibits & Attachments

5 documents