other material
confidence high
sentiment neutral
materiality 0.60
FutureCorp Space Acquisition 1 closes IPO of 23M units at $10, raising $230M, plus $6M private placement
FutureCorp Space Acquisition 1
- IPO of 23,000,000 units at $10/unit, including full exercise of over-allotment, gross proceeds $230,000,000.
- Private placement of 6,000,000 warrants at $1.00 each to sponsor (4M) and Cantor Fitzgerald (2M), gross $6,000,000.
- Trust account funded with $230,000,000 from IPO and private placement proceeds.
- Audited balance sheet as of June 8, 2026: total assets $231,943,000, shareholder deficit $8,616,765.
- Company must complete a business combination within 24 months from IPO closing.