Futurewave Acquisition prices IPO of 7.5 million units at $10 each

Futurewave Acquisition Corp. Units Cons of 1 Sh + 1 Wt + 1 Rt

Futurewave Acquisition Corp. Units Cons of 1 Sh + 1 Wt + 1 Rt

FWACU

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  • Futurewave Acquisition priced its IPO of 7,500,000 units at USD 10 per unit on Nasdaq Global Market.
  • Each unit includes one ordinary share, one redeemable warrant, one right; units trade under FWACU.
  • Warrants allow purchase of one ordinary share at USD 11.5 per share; rights convert into one-fourth ordinary share at a business combination.
  • Shares, rights, warrants expected to trade separately on Nasdaq under FWAC, FWACR, FWACW once separation begins.
  • Underwriters hold a 45-day option to buy up to 1,125,000 additional units to cover over-allotments.


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