Filing Details

Accession Number:
0001104659-23-003231
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-01-12 06:12:57
Reporting Period:
2022-12-22
Accepted Time:
2023-01-12 06:12:57
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1849294 Fortune Rise Acquisition Corp FRLAU Blank Checks (6770) 861850747
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1864956 Lei Xu 48 Bridge Street, Building A
Metuchen NJ 08840
No No No Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class B Common Stock Disposition 2022-12-22 114,800 $0.01 23,200 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. Class B common stock will automatically convert into Class A common stock on one-for-one basis, subject to certain adjustments as provided in the 2nd amended and restated certificate of incorporation of Fortune Rise Acquisition Corporation (the "Issuer") upon the consummation of an initial business combination.
  2. Representing 114,800 shares of Class B Common Stock that Ms. Xu transferred to Fortune Rise Sponsor LLC (the "Sponsor") pursuant to certain securities transfer agreement dated December 22, 2022 among Sponsor and certain initial stockholders of the Issuer. On the same day, Ms. Xu resigned as President and Chairwoman of the Issuer.