{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-003950","form_type":"8-K","ticker":null,"cik":"0001849294","company_name":"Fortune Rise Acquisition Corp","filed_at":"2023-06-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.214227+00:00","generated_at":"2026-06-14T06:50:45.858946+00:00","sec_items":["2.03","3.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"FRLA extends deadline to July 5 with $100K trust deposit; issues convertible note","bullets":["Deposited $100,000 ($0.027/share) into trust account to extend business combination deadline from June 5 to July 5, 2023.","Extension is second of six permitted one-month extensions under company's governing documents.","Issued unsecured, non-interest bearing promissory note to Water On Demand, Inc. (sponsor affiliate) for $100,000.","Note converts into Class A common shares at $10.00 per share; payable upon business combination or liquidation.","Press release confirms funds increase pro rata portion available in trust by $0.027 per share."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-003950","json":"https://secwatch.observer/filing/0001683168-23-003950.json","markdown":"https://secwatch.observer/filing/0001683168-23-003950.md","text":"https://secwatch.observer/filing/0001683168-23-003950.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1849294/000168316823003950/0001683168-23-003950-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1849294/000168316823003950/fortune_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T06:50:45.858946+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":"c9824d48daa56e01832f51f55845280f9992799a","claim":"Fortune Rise Acquisition Corp incurred loan of $100,000 with Water On Demand, Inc. at non-interest bearing maturing earlier of (i) consummation of the Company's initial business combination and (ii) the date of the liquidation of the Company.","evidence_excerpt":"xtension Payment, the Company 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/1849294/000168316823003950/0001683168-23-003950-index.htm","confidence":0.99,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$100,000"},{"label":"Counterparty","value":"Water On Demand, Inc."},{"label":"Rate","value":"non-interest bearing"},{"label":"Maturity","value":"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"}