Recent Updates — FXACU
On July 1, 2026, FortuneX Acquisition Corporation entered into Amendment No. 1 to its May 21, 2026, Underwriting Agreement with Polaris Advisory Partners, LLC (a division of Kingswood Capital Partners LLC) and Kingswood Capital Partners LLC. The amendment modifies terms concerning the company's initial public offering, specifically addressing Firm Units, Option Units, deferred underwriting discounts, private placement units, administrative services, offering expenses, the Representative's right of first refusal, and trust account acknowledgements. FortuneX Acquisition Corporation is a special purpose acquisition company.
FortuneX Acquisition Corporation announced the closing of the underwriters' over-allotment option on May 29, 2026, which involved the 1,125,000 additional units at $10.00 per unit. The company also consummated a private placement of 15,000 units to its Sponsor, FortuneX Investment Partners Limited, generating approximately $150,000 in gross proceeds.