Fortune Rise Acquisition logo

Fortune Rise AcquisitionNASDAQ: FRLA

Profile

Country:

United States

IPO:

27 December 2021

Website:

Next earnings report:

15 May 2025

Last dividends:

N/A

Next dividends:

N/A
$69.74 M
-52%vs. 3y high
16%vs. sector
-vs. 3y high
-vs. sector
-99%vs. 3y high
81%vs. sector
-vs. 3y high
-vs. sector

Price

regular market | Thu, 21 Nov 2024 14:30:16 GMT
$11.12$0.00(0.00%)

Dividend

No data over the past 3 years
No data over the past 3 years

Analysts recommendations

Institutional Ownership

FRLA Latest News

Fortune Rise Acquisition Corporation Receives November Monthly Extension from Sponsor Affiliate to Complete its Initial Business Combination
accesswire.com07 November 2024 Sentiment: POSITIVE

CLEARWATER, FL / ACCESSWIRE / November 7, 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 $50,590.98 (representing an additional $0.06 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 November 5, 2024 to December 5, 2024.

Announcement Regarding the Progress of Fortune Rise Acquisition Corporation's Proposed Business Combination with Water On Demand, Inc.
accesswire.com06 November 2024 Sentiment: POSITIVE

CLEARWATER, FL / ACCESSWIRE / November 6, 2024 / Fortune Rise Acquisition Corporation (NASDAQ:FRLA) ("FRLA" or the "Company") is working closely with Water On Demand Inc. ("WODI"), a privately-held subsidiary of OriginClear, Inc. (OTC PINK:OCLN) ("OCLN") and owner of its sponsor, Fortune Rise Sponsor LLC (the "Sponsor"), to complete the previously announced merger which is intended to result in WODI becoming a publicly listed company on Nasdaq pursuant to the Business Combination Agreement, dated October 23, 2023, among FRLA and WODI (as amended from time to time, the "Business Combination Agreement"). In a meeting held on November 4, 2024, FRLA stockholders approved a proposal to amend its amended and restated certificate of incorporation to extend the date by which FRLA must consummate a de-SPAC transaction from November 5, 2024 to up to May 5, 2025.

Fortune Rise Acquisition Corporation Receives September Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination
accesswire.com06 September 2024 Sentiment: POSITIVE

CLEARWATER, FL / ACCESSWIRE / September 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 September 5, 2024 to October 5, 2024.

SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Fortune Rise Acquisition Corporation – FRLA
globenewswire.com16 August 2024 Sentiment: NEUTRAL

NEW YORK, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Fortune Rise Acquisition Corporation ( Nasdaq : FRLA ) , relating to its proposed merger with Water On Demand, Inc. Under the terms of the agreement, all FRLA common stock will be converted into the right to receive shares of Water On Demand common stock.

Fortune Rise Acquisition Corporation Receives July Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination
accesswire.com08 July 2024 Sentiment: POSITIVE

CLEARWATER, FL / ACCESSWIRE / July 8, 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 July 5, 2024 to August 5, 2024.

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 other business combination with one or more businesses. The company was incorporated in 2021 and is based in Clearwater, Florida.

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 was Fortune Rise Acquisition the previous earnings report?

No data

When does Fortune Rise Acquisition earnings report?

The next expected earnings date for Fortune Rise Acquisition is 15 May 2025