secwatch.observer — SEC 8-K summary
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Issuer:     FutureCorp Space Acquisition 1 (FTRA)
CIK:        0002131853
Form:       8-K
Filed at:   2026-06-12T21:26:57+00:00
Accession:  0001213900-26-068397
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FutureCorp Space Acquisition 1 closes IPO of 23M units at $10, raising $230M, plus $6M private placement
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2131853/000121390026068397/0001213900-26-068397-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2131853/000121390026068397/ea0294611-8k_futurecorp1.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-068397

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