Fortune Rise Acquisition Corp. Funds Deadline Extension
Company Announcements

Fortune Rise Acquisition Corp. Funds Deadline Extension

The latest update is out from Fortune Rise Acquisition Corp. Class A (FRLA).

Fortune Rise Acquisition Corporation has made a $100,000 Extension Payment to prolong its initial business combination deadline by a month, now set for August 5, 2024. This move, funded by Water On Demand, Inc., has granted the option to convert the corresponding promissory note into Class A common stock. The company has also announced the Extension Payment publicly, clarifying that it does not reflect any change in material information and that they are not obligated to update this information unless deemed necessary by management.

For detailed information about FRLA stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskFortune Rise Acquisition Corp. Extends Merger Deadline
TipRanks Auto-Generated NewsdeskFortune Rise Acquisition Corp. Faces Transitional Challenges
TipRanks Auto-Generated NewsdeskFortune Rise Acquisition Secures Final Extension for Merger
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App