FutureCrest Acquisition(FCRSU)
Search documents
FutureCrest Acquisition(FCRSU) - 2025 Q4 - Annual Report
2026-03-31 20:00
Financial Performance - The company generated a net income of $2,404,209 from June 9, 2025, to December 31, 2025, primarily from interest earned on marketable securities held in the Trust Account, totaling $2,805,113[136]. - The company incurred net cash used in operating activities of $608,179 during the period from June 9, 2025, to December 31, 2025[142]. - As of December 31, 2025, the company had cash and marketable securities in the Trust Account amounting to $290,305,113, including approximately $2,805,113 of interest income[143]. Initial Public Offering - The company completed its Initial Public Offering on September 29, 2025, raising gross proceeds of $287,500,000 from the sale of 28,750,000 Units[140]. - A total of $287,500,000 was placed in the Trust Account following the Initial Public Offering, with total offering costs amounting to $17,861,874[141]. Debt and Financing - The company does not have any long-term debt or off-balance sheet financing arrangements as of December 31, 2025[147]. - The company may need to obtain additional financing to complete its Business Combination or if a significant number of Public Shares are redeemed[146]. Business Combination - The company intends to use substantially all funds in the Trust Account to complete its Business Combination and for working capital of the target business[143]. - The company may seek to extend the Combination Period, which would require approval from Public Shareholders and could affect its capitalization[134]. - The SEC's 2024 SPAC Rules may materially affect the company's ability to negotiate and complete its initial Business Combination[133].
FutureCrest Acquisition(FCRSU) - 2025 Q3 - Quarterly Report
2025-11-14 21:55
Financial Performance - The company reported a net loss of $60,837 for the three months ended September 30, 2025, primarily due to general and administrative costs of $84,688, offset by interest income of $23,851 from marketable securities held in the Trust Account[111]. - For the period from inception (June 9, 2025) through September 30, 2025, the total net loss was $77,978, with general and administrative costs amounting to $101,829[111]. - The company has incurred $105,991 in net cash used in operating activities from inception through September 30, 2025[116]. Initial Public Offering (IPO) - The company completed its Initial Public Offering on September 29, 2025, raising gross proceeds of $287,500,000 from the sale of 28,750,000 Units, including an over-allotment option[114]. - Following the IPO, $287,500,000 was placed in the Trust Account, with total offering costs incurred amounting to $17,861,874[115]. Business Combination Plans - The company intends to use substantially all funds in the Trust Account to complete its Business Combination, with remaining proceeds allocated for working capital to finance operations of the target business[117]. - The company may seek to extend the Combination Period by amending its Articles, which would require approval from Public Shareholders[109]. - The SEC's 2024 SPAC Rules may materially affect the company's ability to negotiate and complete its initial Business Combination, potentially increasing costs and time[108]. - The company does not anticipate needing to raise additional funds for operating expenditures but may require additional financing to complete its Business Combination[120]. Debt and Financial Position - As of September 30, 2025, the company had no long-term debt or off-balance sheet arrangements[121][122].
FutureCrest Acquisition(FCRSU) - Prospectus(update)
2025-09-17 18:31
As filed with the United States Securities and Exchange Commission on September 17, 2025. Registration No. 333-290088 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________________ FutureCrest Acquisition Corp. (Exact name of registrant as specified in its charter) _____________________________________ (State or other jurisdiction of incorporation or organization) Cayman Islands ...
FutureCrest Acquisition(FCRSU) - Prospectus
2025-09-05 21:26
As filed with the United States Securities and Exchange Commission on September 5, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________________ FutureCrest Acquisition Corp. (Exact name of registrant as specified in its charter) _____________________________________ Cayman Islands 6770 98-1871328 (State or other jurisdiction of in ...