8-K - Future Money Acquisition Corp | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Future Money Acquisition Corporation consummated its IPO of 11,200,000 units and a concurrent private placement, resulting in $112,560,000 held in a trust account for a future business combination.

Key Takeaways

1The Company raised $112,000,000 in gross proceeds from an IPO of 11,200,000 units priced at $10.00 per unit.

2Simultaneously, the Company sold 304,000 Private Placement Units to its Sponsor, generating $3,040,000 in gross proceeds.

3A total of $112,560,000 was placed in a trust account with Equiniti Trust Company, LLC, representing $10.05 per public share.

4The Company has 15 months to complete an initial business combination, focusing on the AI, Web3, or intelligent manufacturing industries.

5Transaction costs totaled $1,866,553, including a $1,400,000 cash underwriting fee and $466,553 in other offering costs.

Current Report Details

Event Type

Other Event

Exhibits Only

Disclosure

Voluntary

Variant

8-K

Items Reported

8.01

. Other Events.** On March 30, 2026, Future Money Acquisition Corporation (the “Company”) consummated its initial public offering (“IPO”) of 11,200,000 units (t

Other Event

$10.00$112.0M$10.00$3.0M

9.01

Financial Statements and Exhibits.** (d) Exhibits | Exhibit No. | | Description | |---|---|---| | 99.1 | | Audited Balance Sheet as of March 30, 2026. | | | | |

Exhibits Only

Source Document

Transaction Details

Debt / Financing

Instrument: Trust Account
Principal: 112560000
Use of Proceeds: Proceeds held in trust to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar Business Combination.

Exhibits (2)

8-K

99.1

EX-99.1