Fortune Rise Acquisition Corporation announced that Water On Demand Inc., a privately-held subsidiary of OriginClear and owner of its sponsor, Fortune Rise Sponsor, has deposited the required $100,000 into the Company’s trust account for the benefit of its valued public stockholders which provides a one-month extension to complete the Company’s initial business combination. This additional contribution extends the date by which the Company has to complete its initial business combination for an additional one-month extension from December 5, 2023 to January 5, 2024. The extension is the second of the twelve one-month extensions permitted under the Company’s governing documents, as amended in October 2023.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on FRLA:
