other
confidence high
sentiment neutral
materiality 0.50
Forefront Tech SPAC corrects trust amount to $100.3M and IPO deadline to 18 months
Forefront Tech Holdings Acquisition Corp
- Corrects trust account from $103.7M to $100.3M for IPO proceeds placed with Odyssey Transfer and Trust.
- Corrects deadline to complete initial business combination from 24 months to 18 months from IPO closing (April 29, 2026).
- Private placement: 355,000 sponsor units at $10.00 each = $3.55M; 15,000 underwriter units to BTIG at $10 = $150k.
- Funds held in trust until earlier of business combination, shareholder redemption, or failure to complete BC within 18 months.
- Amendment corrects original 8-K filed May 5, 2026; no other changes made.