---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-000716"
form_type: "8-K"
ticker: null
cik: "0001849294"
company_name: "Fortune Rise Acquisition Corp"
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T08:29:48.087694+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Fortune Rise extends deadline to Mar 5, 2024 with $100K trust deposit from sponsor affiliate

## Summary
- $100,000 deposited into trust account ($0.032/share) extends deadline by one month from Feb 5 to Mar 5, 2024.
- This is the fourth of twelve one-month extensions permitted under amended governing documents.
- Non-interest bearing promissory note issued to Water On Demand (sponsor affiliate), convertible at $10.00/share.
- No business combination announced; the loan proceeds increase pro-rata trust funds available.

## SEC filing metadata
- accession: 0001683168-24-000716
- form_type: 8-K
- cik: 0001849294
- company_name: Fortune Rise Acquisition Corp
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 2.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849294/000168316824000716/0001683168-24-000716-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849294/000168316824000716/fortune_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-000716
- JSON: https://secwatch.observer/filing/0001683168-24-000716.json
- Plain text: https://secwatch.observer/filing/0001683168-24-000716.txt

## Key facts
- Debt Financings
  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.
  - Instrument: loan
  - Principal: $100,000
  - Counterparty: Water On Demand, Inc.
  - Rate: non-interest bearing
  - Maturity: earlier of (i) consummation of the Company’s initial business combination and (ii) the date of the liquidation of the Company
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1849294/000168316824000716/0001683168-24-000716-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.