FortuneX Acquisition agrees to merge with WT Realty in deal valued at USD 600 million
FXAC•Deal terms and expected listing
Deal terms call for 60,000,000 shares of PubCo common stock, implying an equity value of about USD 600 million at USD 10 per share.
PubCo’s Class A common stock is expected to list on Nasdaq.
Closing is targeted for the first quarter of 2027, subject to shareholder and stockholder votes and an effective Form S-4.
FortuneX Acquisition signs business combination agreement with WT Realty
FortuneX Acquisition entered a business combination agreement with WT Realty Group, a technology-enabled real estate services platform.
Post-closing, FortuneX will domesticate to Delaware and become FortuneX Realty Group Holdings, with WT Realty as a wholly owned subsidiary.
