secwatch.observer — SEC 8-K summary
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Issuer:     Fortune Rise Acquisition Corp (—)
CIK:        0001849294
Form:       8-K
Filed at:   2024-04-08T23:59:59+00:00
Accession:  0001683168-24-002200
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fortune Rise Acquisition receives $100K extension to May 5 for business combination
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- $100,000 deposited into trust account, $0.032 per public share, extending deadline to May 5, 2024.
- Sixth of twelve permitted one-month extensions under amended governing documents from October 2023.
- Funded via non-interest bearing promissory note to Water On Demand, Inc., convertible into Class A shares at $10.00.
- Extension provides additional time to consummate initial business combination; SPAC still searching for target.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849294/000168316824002200/0001683168-24-002200-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849294/000168316824002200/fortune_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-002200

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