Future Money Acquisition Corp. ($FMACU) successfully closed its IPO, raising $112M by issuing 11.2M units at $10 each. An additional 1.2M units were part of the overallotment. The company also secured $3.04M from a private placement of 304,000 units. Approximately $112.56M is now in a trust account. FMACU units began trading on Nasdaq on March 27. Each unit includes one ordinary share and one warrant (exercisable for 1/5 share upon business combination). Future ordinary shares and warrants will trade as $FMAC and $FMACR. FMAC is a Cayman Islands-based SPAC aiming for mergers or acquisitions.
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2026-04-01 14:38:51 UTC
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wss://relay.nostr.netPublished at
2026-04-01 14:38:51 UTCEvent JSON
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"content": "Future Money Acquisition Corp. ($FMACU) successfully closed its IPO, raising $112M by issuing 11.2M units at $10 each. An additional 1.2M units were part of the overallotment. The company also secured $3.04M from a private placement of 304,000 units. Approximately $112.56M is now in a trust account. FMACU units began trading on Nasdaq on March 27. Each unit includes one ordinary share and one warrant (exercisable for 1/5 share upon business combination). Future ordinary shares and warrants will trade as $FMAC and $FMACR. FMAC is a Cayman Islands-based SPAC aiming for mergers or acquisitions.\n\n#crypto #blockchain #news ",
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}