Forefront Tech Holdings Acquisition corrects IPO trust deposit to $100.3 million in amended filing
FTHA•Forefront Tech Holdings Acquisition Corp. corrected its IPO trust deposit to $100.3 million from $103.7 million and its business-combination deadline to 18 months from 24 months. The amended filing also clarified that sponsor units raised $3.55 million and underwriter units raised $150,000.
1. Filing corrections
Forefront Tech Holdings Acquisition Corp. filed an amended 8-K to correct errors in its May 5 IPO-related report. The corrected trust account deposit is $100.3 million, and the deadline to complete an initial business combination is 18 months from the IPO closing. The filing clarified that 355,000 sponsor units raised $3.55 million and 15,000 underwriter units raised $150,000.
