secwatch.observer — SEC 8-K summary
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Issuer:     FortuneX Acquisition Corp (FXAC)
CIK:        0002121703
Form:       8-K/A
Filed at:   2026-10-07T22:46:59+00:00
Accession:  0001829126-26-010873
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

FortuneX amends WT Realty deal disclosures: $1.5M expense cap, May 26, 2027 outside date, $500K break fee
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- FortuneX/WT Realty BCA: Cayman-to-Delaware domestication, then FortuneX Merger Sub merges into WT Realty, which survives as a wholly-owned subsidiary of PubCo.
- Governance supplemented: PubCo Class A Common Stock carries 1 vote per share; Class B Common Stock carries 20 votes per share.
- Termination: outside closing date May 26, 2027; FortuneX may terminate if WT Realty misses the Oct 30, 2026 PCAOB-audited financials deadline; $500,000 break fee on material breach.
- SPAC transaction expenses capped at $1.5M if closing occurs by May 26, 2027; excess borne solely by FortuneX or Sponsor, with Deferred Fees excluded from the cap.
- Exhibit 10.1 replaces incorrect Exhibit 10.4: registration rights pact requires resale shelf filing within 30 days of closing; up to $500K working capital loans convertible at $10.00/unit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2121703/000182912626010873/0001829126-26-010873-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2121703/000182912626010873/fortunexacq_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-010873

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