Recent Updates — FWACU
Futurewave Acquisition Corporation completed its initial public offering on June 26, 2026, selling 8,625,000 units at $10.00 per unit, including 1,125,000 units from the underwriters' over-allotment option. Each unit comprises one ordinary share, one right exchangeable for one-fourth of an ordinary share, and one warrant exercisable for one ordinary share at $11.50. The IPO generated $86,250,000 in gross proceeds. Additionally, sponsor Futurewave Capital Solutions Limited purchased 255,500 private placement units for $2,555,000. Total net proceeds of $86,250,000 were deposited into a trust account managed by Continental Stock Transfer & Trust Company. Futurewave Acquisition Corporation is a blank check company operating in the special purpose acquisition company (SPAC) industry.