secwatch.observer — SEC 8-K summary
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Issuer:     Fortune Rise Acquisition Corp (—)
CIK:        0001849294
Form:       8-K
Filed at:   2023-09-06T23:59:59+00:00
Accession:  0001683168-23-006290
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fortune Rise Acquisition deposits $100K to extend deadline to Oct 5, 2023 (5th of 6 extensions)
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- $100,000 deposited into trust ($0.027 per public share) to extend business combination deadline by one month to October 5, 2023.
- Extension is the fifth of six one-month extensions permitted under company's governing documents.
- Company issued an unsecured, non-interest bearing promissory note to Water On Demand, Inc. (controlling sponsor entity).
- Note is payable upon consummation of business combination or liquidation; convertible into Class A common shares at $10.00 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849294/000168316823006290/0001683168-23-006290-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849294/000168316823006290/fortune_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-006290

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