---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-26-011104"
form_type: "8-K"
ticker: "FXAC"
cik: "0002121703"
company_name: "FortuneX Acquisition Corp"
filed_at: "2026-10-14T10:01:53+00:00"
generated_at: "2026-10-14T10:05:04.928416+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# FortuneX SPAC cuts WT Realty merger consideration 12.5% to 52.5M shares, valuing target at $525M

## Summary
- First Amendment to Sept 18, 2026 Business Combination Agreement trims Aggregate Merger Consideration from 60,000,000 to 52,500,000 PubCo shares.
- Implied equity value for WT Realty Group drops to $525,000,000 from $600,000,000, based on a $10.00 per share reference price.
- Consideration remains a fixed share count with no adjustment for cash, debt, net debt, working capital, or any purchase price adjustment, escrow or holdback.
- Amendment dated Oct 13, 2026, signed by FortuneX CEO Daniel M. McCabe and WT Realty CEO Tiffany Xu; all other BCA terms remain in effect.
- FortuneX units (FXACU), ordinary shares (FXAC) and warrants (FXACW) trade on Nasdaq; warrants exercisable at $11.50 per share.

## SEC filing metadata
- accession: 0001829126-26-011104
- form_type: 8-K
- ticker: FXAC
- cik: 0002121703
- company_name: FortuneX Acquisition Corp
- filed_at: 2026-10-14T10:01:53+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2121703/000182912626011104/0001829126-26-011104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2121703/000182912626011104/fortunexacq_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-26-011104
- JSON: https://secwatch.observer/filing/0001829126-26-011104.json
- Plain text: https://secwatch.observer/filing/0001829126-26-011104.txt

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