secwatch.observer — SEC 8-K summary
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Issuer:     Forefront Tech Holdings Acquisition Corp (FTHA)
CIK:        0002097986
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001213900-26-053418
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Forefront Tech SPAC closes $100M IPO and $3.7M private placement on May 1, 2026
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- Gross IPO proceeds of $100M from 10M units at $10/unit; private placement adds $3.7M.
- Trust account funded with $100.3M ($10.03/share) on May 1, 2026, from IPO and private placement.
- Balance sheet shows $101.7M total assets; $1.23M working capital outside trust.
- Sponsor Next Lion Sponsor Holdings LLC bought 355K private units; BTIG bought 15K private units.
- Company has 18 months from IPO to complete initial business combination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2097986/000121390026053418/0001213900-26-053418-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2097986/000121390026053418/ea0289581-8k_forefront.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-053418

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