0002121703
Company
FortuneX Acquisition Corp
ipo
filed
S-1
Filing Timeline
SEC EDGAR
S-1
filed
Initial registration statement
Initial public filing submitted to start the SEC review process.
First tracked pre-IPO filing for this issuer.
Price $10.00 · 7,500,000 shares · Gross proceeds $75,000,000
ordinary share · Over-allotment 1,125,000 · One ordinary share and one-half of one redeemable warrant · Each warrant entitles holder to purchase one ordinary share at $11.50 per share, exercisable 30 days after business combination · Use of proceeds Proceeds held in trust for business combination · Flags cayman_holding_company, units, warrants
FortuneX Acquisition Corporation, a Cayman Islands exempted company, is conducting an IPO to raise $75 million through the sale of 7,500,000 units at $10.00 each. Each unit includes one ordinary share and one-half of a redeemable warrant. The company aims to complete a business combination within 18 months, with potential extensions. The Sponsor, FortuneX Investment Partners Limited, will purchase private units and has significant ownership through founder shares, which may lead to dilution for public investors. The offering includes redemption rights for public shareholders and risks related to the Sponsor's conflicts of interest, lack of operating history, and potential Chinese regulatory exposure.
2026-04-15 · 0001829126-26-003505
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