secwatch.observer — SEC 8-K summary
======================================

Issuer:     FutureCrest Acquisition Corp. (FCRS)
CIK:        0002074697
Form:       8-K
Filed at:   2025-10-03T23:59:59+00:00
Accession:  0001213900-25-096081
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FutureCrest Acquisition Corp. closes $287.5M IPO and $7M private placement
--------------------------------------------------------------------------

- Closed IPO of 28,750,000 units at $10.00/unit, raising $287.5M gross proceeds.
- Simultaneous private placement of 3,500,000 warrants at $2.00 each generated $7M gross.
- Net proceeds of $287.5M deposited into trust account for future business combination.
- Deferred underwriting fee of $12.25M; total offering costs $17.86M.
- Balance sheet shows $288.9M assets, $287.5M trust, $10.9M accumulated deficit from IPO costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2074697/000121390025096081/0001213900-25-096081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2074697/000121390025096081/ea0259679-8k_future.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-096081

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