---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-066503"
form_type: "8-K"
ticker: "FTRA"
cik: "0002131853"
company_name: "FutureCorp Space Acquisition 1"
filed_at: "2026-06-09T01:46:45+00:00"
generated_at: "2026-06-09T10:05:34.031142+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FutureCorp Space Acquisition 1 closes $230M IPO; over-allotment option fully exercised

## Summary
- Closed IPO of 23,000,000 units at $10.00 per unit including full exercise of overallotment, gross proceeds $230M.
- Proceeds placed in trust account held by Continental Stock Transfer & Trust, will be released upon business combination or liquidation.
- Simultaneously completed private sale of 6,000,000 warrants at $1.00 each to sponsor and Cantor Fitzgerald for $6M aggregate.
- Units trade on NYSE under FTRAU; Class A shares (FTRA) and warrants (FTRAW) will trade separately.
- Blank-check company focused on global space economy, including manufacturing, launch, in-orbit services & defense.

## SEC filing metadata
- accession: 0001213900-26-066503
- form_type: 8-K
- ticker: FTRA
- cik: 0002131853
- company_name: FutureCorp Space Acquisition 1
- filed_at: 2026-06-09T01:46:45+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2131853/000121390026066503/0001213900-26-066503-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2131853/000121390026066503/ea0294007-8k_future1.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-066503
- JSON: https://secwatch.observer/filing/0001213900-26-066503.json
- Plain text: https://secwatch.observer/filing/0001213900-26-066503.txt

## Key facts
- Equity Issuances
  FutureCorp Space Acquisition 1 issued 6,000,000 Private Placement Warrants of warrant to FutureCorp Space Acquisition 1 LLC (Sponsor) and Cantor Fitzgerald & Co. (Representative) for $6,000,000 in the aggregate ($1.00 per warrant).
  - Security: warrant
  - Shares: 6,000,000 Private Placement Warrants
  - Purchaser: FutureCorp Space Acquisition 1 LLC (Sponsor) and Cantor Fitzgerald & Co. (Representative)
  - Consideration: $6,000,000 in the aggregate ($1.00 per warrant)
  source text: Simultaneously with the closing of the IPO, pursuant to the Sponsor Private Placement Warrants Purchase Agreement and the Cantor Private Placement Warrants Purchase Agreement, the Company completed the private sale of an aggregate of 6,000,000 warrants (the “ Private Placement Warrants ”) to the Sponsor and the Representative, with each Private Placement Warrant exercisable to purchase one Class A ordinary share at $11.50 per share, at a price of $1.00 per Private Placement Warrant, or $6,000,000 in the aggregate.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2131853/000121390026066503/0001213900-26-066503-index.htm
- Executive change
  David J. Anderman was appointed as Director at FutureCorp Space Acquisition 1.
  - Action: appointed
  - Role: Director
  source text: On June 4, 2026, in connection with the IPO, David J. Anderman, Shawn K. Pelsinger and John R. Tuttle were appointed to the board of directors of the Company (the “ Board ”) (collectively with Sudhin R. Shahani and Joshua B. Marks, the “ Directors ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2131853/000121390026066503/0001213900-26-066503-index.htm
- Executive change
  John R. Tuttle was appointed as Director at FutureCorp Space Acquisition 1.
  - Action: appointed
  - Role: Director
  source text: On June 4, 2026, in connection with the IPO, David J. Anderman, Shawn K. Pelsinger and John R. Tuttle were appointed to the board of directors of the Company (the “ Board ”) (collectively with Sudhin R. Shahani and Joshua B. Marks, the “ Directors ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2131853/000121390026066503/0001213900-26-066503-index.htm
- Executive change
  Shawn K. Pelsinger was appointed as Director at FutureCorp Space Acquisition 1.
  - Action: appointed
  - Role: Director
  source text: On June 4, 2026, in connection with the IPO, David J. Anderman, Shawn K. Pelsinger and John R. Tuttle were appointed to the board of directors of the Company (the “ Board ”) (collectively with Sudhin R. Shahani and Joshua B. Marks, the “ Directors ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2131853/000121390026066503/0001213900-26-066503-index.htm
- Governance Changes
  FutureCorp Space Acquisition 1: On June 4, 2026, in connection with its IPO, the Company adopted amended and restated memorandum and articles of association (effective 2026-06-04).
  - Change: charter amendment
  - Effective: 2026-06-04
  source text: On June 4, 2026, in connection with the IPO, the Company’s amended and restated memorandum and articles of association (the “ Amended and Restated Memorandum and Articles of Association ”), filed with the Cayman Islands Registrar of Companies, became effective.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2131853/000121390026066503/0001213900-26-066503-index.htm
- Material Agreements
  FutureCorp Space Acquisition 1 entered into Warrant Agreement with Continental Stock Transfer & Trust Company valued at Warrant agreement for warrants entitling holder to purchase one Class A Ordinary Share for $11.50 pe (effective 2026-06-04).
  - Action: entry
  - Counterparty: Continental Stock Transfer & Trust Company
  - Value: Warrant agreement for warrants entitling holder to purchase one Class A Ordinary Share for $11.50 pe
  - Effective: 2026-06-04
  source text: A Warrant Agreement, dated June 4, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent, a copy of which is attached as Exhibit 4.1 hereto and incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2131853/000121390026066503/0001213900-26-066503-index.htm
- Material Agreements
  FutureCorp Space Acquisition 1 entered into Underwriting Agreement with Cantor Fitzgerald & Co. valued at Underwriting agreement for 23,000,000 Units at $10.00 per unit, gross proceeds $230,000,000 (effective 2026-06-04).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Cantor Fitzgerald & Co.
  - Value: Underwriting agreement for 23,000,000 Units at $10.00 per unit, gross proceeds $230,000,000
  - Effective: 2026-06-04
  source text: Entry into a Material Definitive Agreement. On June 4, 2026, FutureCorp Space Acquisition 1 (the " Company ") consummated its initial public offering (" IPO ") of 23,000,000 units (the " Units "), including 3,000,000 Units issued pursuant to the exercise in full by the underwriters of their over-allotment option. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $230,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2131853/000121390026066503/0001213900-26-066503-index.htm
- Material Agreements
  FutureCorp Space Acquisition 1 entered into Investment Management Trust Agreement with Continental Stock Transfer & Trust Company valued at Investment management trust agreement (effective 2026-06-04).
  - Action: entry
  - Counterparty: Continental Stock Transfer & Trust Company
  - Value: Investment management trust agreement
  - Effective: 2026-06-04
  source text: An Investment Management Trust Agreement, dated June 4, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as trustee, a copy of which is attached as Exhibit 10.1 hereto and incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2131853/000121390026066503/0001213900-26-066503-index.htm
- Material Agreements
  FutureCorp Space Acquisition 1 entered into Sponsor Private Placement Warrants Purchase Agreement with FutureCorp Space Acquisition 1 LLC valued at Private placement warrants purchase agreement with sponsor (effective 2026-06-04).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: FutureCorp Space Acquisition 1 LLC
  - Value: Private placement warrants purchase agreement with sponsor
  - Effective: 2026-06-04
  source text: A Private Placement Warrants Purchase Agreement, dated June 4, 2026 (the " Sponsor Private Placement Warrants Purchase Agreement "), by and between the Company and FutureCorp Space Acquisition 1 LLC, a Delaware limited liability company (the " Sponsor "), a copy of which is attached as Exhibit 10.3 hereto and incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2131853/000121390026066503/0001213900-26-066503-index.htm
- Material Agreements
  FutureCorp Space Acquisition 1 entered into Registration Rights Agreement with certain security holders valued at Registration rights agreement between company and security holders (effective 2026-06-04).
  - Action: entry
  - Counterparty: certain security holders
  - Value: Registration rights agreement between company and security holders
  - Effective: 2026-06-04
  source text: A Registration Rights Agreement, dated June 4, 2026, by and among the Company and certain security holders, a copy of which is attached as Exhibit 10.2 hereto and incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2131853/000121390026066503/0001213900-26-066503-index.htm
- Material Agreements
  FutureCorp Space Acquisition 1 entered into Letter Agreement with Company, officers, directors, and Sponsor valued at Letter agreement among company, officers, directors, and sponsor (effective 2026-06-04).
  - Action: entry
  - Counterparty: Company, officers, directors, and Sponsor
  - Value: Letter agreement among company, officers, directors, and sponsor
  - Effective: 2026-06-04
  source text: A Letter Agreement, dated June 4, 2026 (the " Letter Agreement "), by and among the Company, its officers, its directors and the Sponsor, a copy of which is attached as Exhibit 10.5 hereto and incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2131853/000121390026066503/0001213900-26-066503-index.htm
- Material Agreements
  FutureCorp Space Acquisition 1 entered into Cantor Private Placement Warrants Purchase Agreement with Cantor Fitzgerald & Co. valued at Private placement warrants purchase agreement with Cantor Fitzgerald (effective 2026-06-04).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Cantor Fitzgerald & Co.
  - Value: Private placement warrants purchase agreement with Cantor Fitzgerald
  - Effective: 2026-06-04
  source text: A Private Placement Warrants Purchase Agreement, dated June 4, 2026 (the " Cantor Private Placement Warrants Purchase Agreement "), by and between the Company and Cantor Fitzgerald & Co., a copy of which is attached as Exhibit 10.4 hereto and incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2131853/000121390026066503/0001213900-26-066503-index.htm
- Material Agreements
  FutureCorp Space Acquisition 1 entered into Administrative Services Agreement with FutureCorp Space Acquisition 1 LLC valued at Administrative services agreement (effective 2026-06-04).
  - Action: entry
  - Counterparty: FutureCorp Space Acquisition 1 LLC
  - Value: Administrative services agreement
  - Effective: 2026-06-04
  source text: An Administrative Services Agreement, dated June 4, 2026 (the " Administrative Services Agreement "), by and between the Company and FutureCorp Space Acquisition 1 LLC, a copy of which is attached as Exhibit 10.7 hereto and incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2131853/000121390026066503/0001213900-26-066503-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.