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
- 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.
- 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.