Fortune Rise Acquisition CORP

Fortune Rise Acquisition Corp. appoints Jon Peraza as interim Principal Executive Officer and Chief Financial Officer, effective February 4, 2025, following the resignation of Ryan Spick.

Fortune Rise Acquisition Corporation will dissolve and liquidate after mutually terminating its business combination agreement with Water On Demand, Inc.

Fortune Rise Acquisition Corporation received a $50,590.98 loan from Water On Demand, Inc., extending its deadline to complete a business combination by one month to December 5, 2024.

Fortune Rise Acquisition Corporation has obtained a six-month extension to complete its business combination, but faces delisting from Nasdaq as it transitions to the OTC market.

Fortune Rise Acquisition Corporation announced it will waive interest on trust funds, convert Class B stock to Class A, and plan for a potential OTC listing.

Fortune Rise Acquisition Corporation received a $100,000 loan from Water On Demand, Inc. to extend its deadline for completing a business combination by one month to November 5, 2024.

Fortune Rise Acquisition Corporation's Q3 2024 report reveals a net loss of $96,762, ongoing efforts to finalize a business combination, and extensions to the timeline for completing the deal.

Fortune Rise Acquisition Corporation's second quarter 2024 results show a net loss of $705,045 and ongoing efforts to complete a business combination with Water On Demand, Inc.

Fortune Rise Acquisition Corp reported a net loss for Q1 2024 as it continues to pursue a business combination, facing potential liquidity challenges.

Fortune Rise Acquisition Corporation details its capital structure, warrant terms, and business combination agreement with Water On Demand, Inc. in its annual 10-K filing.

Fortune Rise Acquisition Corporation has terminated its merger agreement with Water On Demand, Inc. and will proceed with dissolution and liquidation.