secwatch.observer — SEC 8-K summary
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Issuer:     Fortune Rise Acquisition Corp (—)
CIK:        0001849294
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001683168-24-000716
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849294/000168316824000716/0001683168-24-000716-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849294/000168316824000716/fortune_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-000716

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer