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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.
