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Fortune Rise Acquisition (FRLA) News & Sentiment

Fortune Rise Acquisition Corporation Announces Termination of Business Combination Agreement with Water On Demand, Inc. and Subsequent Liquidation
Fortune Rise Acquisition Corporation Announces Termination of Business Combination Agreement with Water On Demand, Inc. and Subsequent Liquidation
Fortune Rise Acquisition Corporation Announces Termination of Business Combination Agreement with Water On Demand, Inc. and Subsequent Liquidation
FRLA
accesswire.comDecember 16, 2024

CLEARWATER, FL / ACCESSWIRE / December 16, 2024 / Fortune Rise Acquisition Corporation, a Delaware corporation (the "Company" or "FRLA") (OTC PINK:FRLA)(OTC PINK:FRLAU)(OTC PINK:FRLAW), announced that it did not complete its initial business combination and has mutually terminated its Business Combination Agreement with Water On Demand, Inc. (f/k/a Progressive Water Treatment Inc.), a Texas corporation ("WODI-PWT"). Therefore, the Company will dissolve and liquidate.

Fortune Rise Acquisition Corporation Receives November Monthly Extension from Sponsor Affiliate to Complete its Initial Business Combination
Fortune Rise Acquisition Corporation Receives November Monthly Extension from Sponsor Affiliate to Complete its Initial Business Combination
Fortune Rise Acquisition Corporation Receives November Monthly Extension from Sponsor Affiliate to Complete its Initial Business Combination
FRLA
accesswire.comNovember 7, 2024

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.
Announcement Regarding the Progress of Fortune Rise Acquisition Corporation's Proposed Business Combination with Water On Demand, Inc.
Announcement Regarding the Progress of Fortune Rise Acquisition Corporation's Proposed Business Combination with Water On Demand, Inc.
FRLA
accesswire.comNovember 6, 2024

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
Fortune Rise Acquisition Corporation Receives September Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination
Fortune Rise Acquisition Corporation Receives September Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination
FRLA
accesswire.comSeptember 6, 2024

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
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Fortune Rise Acquisition Corporation – FRLA
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Fortune Rise Acquisition Corporation – FRLA
FRLA
globenewswire.comAugust 16, 2024

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
Fortune Rise Acquisition Corporation Receives July Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination
Fortune Rise Acquisition Corporation Receives July Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination
FRLA
accesswire.comJuly 8, 2024

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
Fortune Rise Acquisition Corporation Receives June Monthly Extension from Sponsor Affiliate to Complete Its Initial Business Combination
Fortune Rise Acquisition Corporation Receives June Monthly Extension from Sponsor Affiliate to Complete Its Initial Business Combination
FRLA
accesswire.comJune 6, 2024

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.