Fortune Rise Acquisition logo

Fortune Rise AcquisitionNASDAQ: FRLA

Profile

Sector:

Financial Services

Industry:

Shell Companies

Country:

United States

IPO:

27 December 2021

Website:

Next earnings report:

14 August 2024

Last dividends:

N/A

Next dividends:

N/A

Market cap

$70.87 M
-52%vs. 3y high
17%vs. sector

PE ratio

-
-vs. 3y high
-vs. sector

PB ratio

2.80
-99%vs. 3y high
83%vs. sector

PS ratio

-
-vs. 3y high
-vs. sector

Price

regular market | Wed, 03 Jul 2024 13:30:00 GMT
$11.30+$0.10(+0.86%)

Dividend

No data over the past 3 years

EPS diluted

EPS diluted target

-$0.08-

Revenue

Revenue target

--
No data over the past 3 years

Revenue

Net income

--$487.20 K

Analysts recommendations

Total assets

Total liabilities

$35.27 M$9.97 M

Institutional Ownership

Included in screeners

Small cap companies
Stocks with price above SMA 50
Stocks with low beta
Declining shares outstanding

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FRLA Latest News

Fortune Rise Acquisition Corporation Receives June Monthly Extension from Sponsor Affiliate to Complete Its Initial Business Combination
accesswire.com06 June 2024 Sentiment: POSITIVE

CLEARWATER, FL / ACCESSWIRE / June 6, 2024 / Fortune Rise Acquisition Corporation (NASDAQ:FRLA) ("FRLA" or the "Company") today announced that Water On Demand Inc., a privately-held subsidiary of OriginClear, Inc. (OTC: Other: OCLN) ("OCLN") and owner of its sponsor, Fortune Rise Sponsor LLC (the "Sponsor"), has deposited the required $100,000 (representing an additional $0.032 per public share) 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 June 5, 2024 to July 5, 2024.

What type of business is Fortune Rise Acquisition?

Fortune Rise Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Metuchen, New Jersey.

What sector is Fortune Rise Acquisition in?

Fortune Rise Acquisition is in the Financial Services sector

What industry is Fortune Rise Acquisition in?

Fortune Rise Acquisition is in the Shell Companies industry

What country is Fortune Rise Acquisition from?

Fortune Rise Acquisition is headquartered in United States

When did Fortune Rise Acquisition go public?

Fortune Rise Acquisition initial public offering (IPO) was on 27 December 2021

Is Fortune Rise Acquisition in the S&P 500?

No, Fortune Rise Acquisition is not included in the S&P 500 index

Is Fortune Rise Acquisition in the NASDAQ 100?

No, Fortune Rise Acquisition is not included in the NASDAQ 100 index

Is Fortune Rise Acquisition in the Dow Jones?

No, Fortune Rise Acquisition is not included in the Dow Jones index

When does Fortune Rise Acquisition report earnings?

The next expected earnings date for Fortune Rise Acquisition is 14 August 2024