Futurewave Acquisition Corp (symbol: FWAC) is the issuer of record for a Form 425 filing submitted to the SEC.
Futurewave Acquisition Corp (symbol: FWAC) is the issuer of record for a Form 8-K filing submitted to the SEC.
Futurewave Acquisition Corp (symbol FWAC) discloses that its sponsor, Futurewave Capital Solutions Ltd, and Daniel M. McCabe together beneficially own 3,955,625 Ordinary Shares, representing 30.8% of the outstanding Ordinary Shares. The sponsor is the record holder of all these shares.
The position includes 3,700,125 Founder Shares bought for $25,000 and 255,500 Private Units bought for $2,555,000 at $10.00 per unit, for a total of $2,580,000. FWAC is a blank check company formed to pursue an Initial Business Combination, and the sponsor and insiders have agreed to vote for a future business combination, not redeem these shares, and are subject to lock‑up, escrow, and registration‑rights arrangements.
Highbridge Capital Management, LLC, a Delaware limited liability company and investment adviser to certain funds and accounts, reported beneficial ownership of ordinary shares of Futurewave Acquisition Corp, a Cayman Islands exempted company. Highbridge’s funds directly hold 769,970 ordinary shares, representing 6.0% of the class.
Highbridge has sole voting and sole dispositive power over these 769,970 shares and no shared voting or dispositive power. The 6.0% ownership percentage is based on 12,839,375 ordinary shares outstanding after the company’s offering, related private placement, and full exercise of the underwriters’ over-allotment option as described in the issuer’s June 2026 SEC documents.
Futurewave Acquisition Corporation, a Cayman Islands blank check company, reported its first quarter as a public entity for the quarter ended June 30, 2026. Following its June 26 IPO of 8,625,000 units at $10.00 per unit and a private placement of 255,500 units at $10.00, total assets were $87.5 million, including $86.3 million of investments held in a Trust Account and $0.9 million of cash for working capital.
The company recorded a net loss of $63,161 for the quarter, driven by $81,170 of general and administrative expenses, partially offset by interest income on the Trust and bank accounts. As of June 30, 2026, there were 8,625,000 ordinary shares subject to possible redemption and 4,214,375 non-redeemable ordinary shares outstanding. Management discloses substantial doubt about the company’s ability to continue as a going concern if it cannot complete a business combination by June 26, 2027. The report also states that disclosure controls and procedures were ineffective as of quarter end.
Futurewave Acquisition Corporation has a large shareholder disclosure from Feis Equities LLC and Lawrence M. Feis. They report beneficial ownership of 59,576 ordinary shares, representing 0.69% of the class, based on 8,625,000 ordinary shares outstanding as of June 26, 2026.
Both reporting persons have sole voting and dispositive power over 59,576 shares and no shared power. The filing confirms that this position represents ownership of 5 percent or less of Futurewave Acquisition Corporation’s outstanding ordinary shares. The two reporting persons have entered into a joint filing agreement for this Schedule 13G/A.
Futurewave Acquisition Corporation reported that, with underwriter consent, holders of its units from the initial public offering may elect to separately trade the ordinary shares, rights and warrants included in the units, commencing on or about July 31, 2026.
Any units not separated will continue to trade on the Nasdaq Capital Market under FWACU, while separated securities are expected to trade under FWAC for ordinary shares, FWACR for rights and FWACW for warrants. Each unit consists of one ordinary share, one right to receive one-fourth of one ordinary share and one redeemable warrant, with each whole warrant exercisable for one ordinary share at an exercise price of $11.50 per share.
Futurewave Acquisition Corporation, a Cayman Islands-based blank check company, completed its initial public offering on June 26, 2026. The company sold 8,625,000 units at $10.00 each, including the full over-allotment, for total gross proceeds of $86,250,000. Each unit includes one ordinary share, one right for one-fourth of a share upon a future business combination, and one warrant to buy a share at $11.50. The sponsor simultaneously bought 255,500 private placement units for $2,555,000. In total, $86,250,000 was deposited into a U.S. trust account for the benefit of public shareholders.
An audited balance sheet shows total assets of $87,453,471, including $86,250,000 in the trust account and $850,671 in cash outside the trust for working capital. The auditor’s report highlights substantial doubt about Futurewave’s ability to continue as a going concern because it must complete a business combination by June 26, 2027 or liquidate and return trust funds to public shareholders. The company has incurred and expects to continue incurring significant costs to pursue a transaction and lacks resources to sustain operations for a full year without a successful deal or additional capital.
Futurewave Acquisition Corp director Sean Michael Deegan filed a Form 3, which is an initial statement of beneficial ownership for company insiders. The filing shows no reported transactions, derivative positions, or current holdings entries, serving purely as a baseline regulatory disclosure of his insider status.
Futurewave Acquisition Corp director Robert L. Labbe has filed an initial Form 3, which is a required statement of beneficial ownership for company insiders. This filing does not list any stock or option transactions and shows no changes in his ownership through trades or derivative exercises.