{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-003016","form_type":"8-K","ticker":null,"cik":"0001849294","company_name":"Fortune Rise Acquisition Corp","filed_at":"2023-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.213772+00:00","generated_at":"2026-06-15T14:23:37.541639+00:00","sec_items":["2.03","3.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Fortune Rise Acquisition deposits $330k to extend business combination deadline to June 5, 2023","bullets":["$330,064.50 deposited into trust account ($0.0625/share) for one-month extension from May 5 to June 5, 2023.","Extension is the first of six permitted one-month extensions under the company's governing documents.","Issued unsecured, non-interest bearing promissory note to Water On Demand, Inc. (sponsor affiliate) for the payment.","Note principal due upon consummation of business combination or liquidation; convertible into Class A shares at $10.00/share.","Press release filed May 8, 2023 announcing the trust deposit and extension."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-003016","json":"https://secwatch.observer/filing/0001683168-23-003016.json","markdown":"https://secwatch.observer/filing/0001683168-23-003016.md","text":"https://secwatch.observer/filing/0001683168-23-003016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1849294/000168316823003016/0001683168-23-003016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1849294/000168316823003016/fortune_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T14:23:37.541639+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ab15960c4aaffb5f4bcad0741a9ce836db67bf8b","claim":"Fortune Rise Acquisition Corp incurred loan of $330,064.50 with Water On Demand, Inc. at non-interest bearing maturing the earlier of (i) consummation of the Company’s initial business combination and (ii) the date of the liquidation of the Company.","evidence_excerpt":"ompany issued an unsecured promissory note (the “ Note ”) to Water On Demand, Inc., a Nevada corporation and the entity which controls the Company’s sponsor.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1849294/000168316823003016/0001683168-23-003016-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$330,064.50"},{"label":"Counterparty","value":"Water On Demand, Inc."},{"label":"Rate","value":"non-interest bearing"},{"label":"Maturity","value":"the earlier of (i) consummation of the Company’s initial business combination and (ii) the date of the liquidation of the Company"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}