What Happened to Fortune Rise Acquisition?
Return
0.0%
Current Price
â
Peak Price
â
Trust Size
$36M
Summary
Fortune Rise Acquisition Corp filed its S-1 registration in 2021. The company continues to trade at significantly depressed levels with 192 SEC filings on record.
What Happened
Fortune Rise Acquisition Corp entered the SPAC market in 2021 with its initial S-1 filing with the SEC, joining the wave of blank check companies seeking acquisition targets.
SEC records show 192 total filings, including annual (10-K) and quarterly (10-Q) financial reports.
As of the latest available data, the company continues to file with the SEC but filing activity has slowed significantly â fitting the pattern of a "zombie SPAC" that technically exists but has failed to deliver meaningful returns to shareholders.
The company was incorporated in Delaware, the preferred jurisdiction for the vast majority of SPACs due to its business-friendly legal framework.
Timeline
2021-10-18
S-1 Registration Filed
2025-03-13
Last SEC Filing