$FXAC·8-K

FortuneX Acquisition Corp · Jun 8, 3:12 PM ET

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FortuneX Acquisition Corp 8-K

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Updated

FortuneX Acquisition Corp Completes IPO; Over‑Allotment Exercised

What Happened FortuneX Acquisition Corp (FXAC) announced that it completed its initial public offering (IPO) and that the underwriters fully exercised their over‑allotment option. On May 26, 2026 the company sold 7,500,000 units at $10.00 per unit for gross proceeds of $75,000,000. The underwriters’ over‑allotment option for 1,125,000 additional units at $10.00 per unit was exercised in full, closing on May 29, 2026 and generating an additional $11,250,000. Simultaneous with the over‑allotment closing, the sponsor purchased 15,000 private placement units at $10.00 each for $150,000. An unaudited pro forma balance sheet as of May 29, 2026 reflecting these transactions is filed as Exhibit 99.1 to the 8‑K.

Key Details

  • IPO: 7,500,000 units sold at $10.00 per unit on May 26, 2026 — $75,000,000 gross proceeds.
  • Over‑allotment: 1,125,000 additional units at $10.00 per unit exercised in full; closed May 29, 2026 — $11,250,000 gross proceeds.
  • Private placement: 15,000 units sold to FortuneX Investment Partners Limited (the Sponsor) at $10.00 per unit — $150,000 gross proceeds.
  • Filing: Unaudited pro forma balance sheet as of May 29, 2026 filed as Exhibit 99.1 to this Form 8‑K; an audited balance sheet as of May 26, 2026 was previously filed.

Why It Matters These transactions finalize the company’s capital raise from its public listing and related sponsor participation, and the pro forma balance sheet shows FXAC’s financial position immediately after the over‑allotment and private placement. For investors, this confirms the IPO is closed, the underwriters exercised their option in full, and the company has reported the resulting proceeds and updated financials — key facts for understanding FortuneX’s available capital and capital structure going forward.

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