Proposed Combination Terms

FortuneX Acquisition Corporation has a business combination agreement with WT Realty Group Inc.. The merger consideration is 60000000 shares, with an equity value of 600000000 and a reference price of 10.

The proposed business combination is expected to close in the first quarter of 2027.

Highlights

  • The merger consideration is 60000000 shares, with an equity value of 600000000 and a reference price of 10.
  • FortuneX’s new name is FortuneX Realty Group Holdings Inc..
  • The proposed business combination is expected to close in the first quarter of 2027.

Corporate Identity and Listing

FortuneX is to domesticate from the Cayman Islands to Delaware. Its new name is FortuneX Realty Group Holdings Inc..

PubCo’s specified listing venue is the Nasdaq Stock Market. FortuneX’s ticker symbol is FXAC.

Named Executives and Counsel

Daniel McCabe is Chief Executive Officer and Chief Financial Officer of FortuneX.

Winston Taylor LLP is legal counsel to WT Realty. Celine & Partners PLLC is legal counsel to FortuneX.