{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-003056","form_type":"8-K","ticker":null,"cik":"0001849294","company_name":"Fortune Rise Acquisition Corp","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.788748+00:00","generated_at":"2026-06-02T20:25:54.202944+00:00","sec_items":["2.03","3.02","7.01","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Fortune Rise Acquisition extends deadline to June 5, 2024 via $100K sponsor deposit","bullets":["Water On Demand deposited $100,000 ($0.032/share) into trust for one-month extension to June 5, 2024.","This is the seventh of twelve permitted monthly extensions under amended governing documents.","Extension loan is non-interest bearing, due at business combination or liquidation, convertible into Class A shares at $10.00.","Loan from Water On Demand, Inc., a subsidiary of OriginClear (OCLN), which controls the sponsor.","FRLA must consummate initial business combination by June 5, 2024 or face liquidation."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-003056","json":"https://secwatch.observer/filing/0001683168-24-003056.json","markdown":"https://secwatch.observer/filing/0001683168-24-003056.md","text":"https://secwatch.observer/filing/0001683168-24-003056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1849294/000168316824003056/0001683168-24-003056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1849294/000168316824003056/fortune_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T20:25:54.202944+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":"823af48e9bfc18040dd43368b2d385e60e7c27d4","claim":"Fortune Rise Acquisition Corp incurred loan of $100,000 with Water On Demand, Inc. at non-interest bearing maturing the earlier of (i) consummation of the Company's initial business combination and (ii) the date of the liquidation of the Company.","evidence_excerpt":"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_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1849294/000168316824003056/0001683168-24-003056-index.htm","confidence":0.9,"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":"the 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"}