secwatch.observer — SEC 8-K summary
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Issuer:     FutureCrest Acquisition Corp. (FCRS)
CIK:        0002074697
Form:       8-K
Filed at:   2025-09-29T23:59:59+00:00
Accession:  0001213900-25-093171
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FutureCrest Acquisition Corp. closes $287.5M SPAC IPO; 28.75M units at $10 each with full over-allotment
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- Gross proceeds of $287.5M from IPO and private placement deposited into trust account; closed Sept 29, 2025.
- Private placement of 3.5M warrants at $2.00 each to sponsor and underwriter raised $7.0M.
- Appointed four independent directors (Semler, Ginns, Englebardt, Sharbutt); board now three classes with committee chairs.
- Company targets initial business combination in AI, digital assets, fintech, infrastructure, robotics, or communications.
- Underwriters exercised over-allotment option in full, purchasing additional 3.75M units.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2074697/000121390025093171/0001213900-25-093171-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2074697/000121390025093171/ea0259036-8k_future.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-093171

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer