The latest update is out from Fortune Rise Acquisition Corp. Class A ( (FRLA) ).
Fortune Rise Acquisition Corporation (FRLA) is transitioning from Nasdaq to the OTC market after failing to complete a business combination within the required timeframe. Despite this, FRLA is pushing forward with its merger with Water On Demand, Inc., which aims to up-list the combined company on Nasdaq. Shareholders approved an extension to finalize the business combination, emphasizing FRLA’s commitment to advancing its strategic goals amidst regulatory challenges.
Find detailed analytics on FRLA stock on TipRanks’ Stock Analysis page.