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Fortune Rise Acquisition Corp. Class A (FRLA) just unveiled an update.
Fortune Rise Acquisition Corporation has extended the deadline to complete its initial business combination by an additional month, now set for May 5, 2024. This sixth extension was made possible by a $100,000 payment, equating to $0.032 per public share, and has been funded by a promissory note to Water On Demand, Inc., with options for conversion into common stock. The company announced this development via a press release and maintains that its periodic updates may continue through various public disclosure channels.
For detailed information about FRLA stock, go to TipRanks’ Stock Analysis page.
