Fortune Rise Acquisition Corp
FRLA

$11.33

0.09%

Market Cap: $71.1M

About: Fortune Rise Acquisition Corp is a blank check company.

Employees: 3

Industrials Special Industry Machinery

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

250% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 2

5% more capital invested

Capital invested by funds: $32.7M [Q1] → $34.4M (+$1.69M) [Q2]

2.99% more ownership

Funds ownership: 76.9% [Q1] → 79.89% (+2.99%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

18% less funds holding

Funds holding: 17 [Q1] → 14 (-3) [Q2]

60% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 5

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Research analyst outlook

We haven’t received any recent analyst ratings for FRLA.

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Financial journalist opinion

Fortune Rise Acquisition Corporation Receives September Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination

CLEARWATER, FL / ACCESSWIRE / September 6, 2024 / Fortune Rise Acquisition Corporation (Nasdaq:FRLA) ("FRLA" or the "Company") today announced that Water On Demand Inc., a privately-held subsidiary of OriginClear, Inc. (OTC: Other:OCLN) ("OCLN") and owner of its sponsor, Fortune Rise Sponsor LLC (the "Sponsor"), has deposited the required $100,000 (representing an additional $0.032 per public share) into the Company's trust account for the benefit of its valued public stockholders which provides a one-month extension to complete the Company's initial business combination. This additional contribution extends the date by which the Company has to complete its initial business combination for an additional one-month extension from September 5, 2024 to October 5, 2024.

Fortune Rise Acquisition Corporation Receives September Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination

SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Fortune Rise Acquisition Corporation – FRLA

NEW YORK, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Fortune Rise Acquisition Corporation ( Nasdaq : FRLA ) , relating to its proposed merger with Water On Demand, Inc. Under the terms of the agreement, all FRLA common stock will be converted into the right to receive shares of Water On Demand common stock.

SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Fortune Rise Acquisition Corporation – FRLA

Fortune Rise Acquisition Corporation Receives August Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination

CLEARWATER, FL / ACCESSWIRE / August 7, 2024 / Fortune Rise Acquisition Corporation (Nasdaq:FRLA) ("FRLA" or the "Company") today announced that Water On Demand Inc., a privately-held subsidiary of OriginClear, Inc. (OTC: Other:OCLN) ("OCLN") and owner of its sponsor, Fortune Rise Sponsor LLC (the "Sponsor"), has deposited the required $100,000 (representing an additional $0.032 per public share) into the Company's trust account for the benefit of its valued public stockholders which provides a one-month extension to complete the Company's initial business combination. This additional contribution extends the date by which the Company has to complete its initial business combination for an additional one-month extension from August 5, 2024 to September 5, 2024.

Fortune Rise Acquisition Corporation Receives August Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination

Fortune Rise Acquisition Corporation Receives July Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination

CLEARWATER, FL / ACCESSWIRE / July 8, 2024 / Fortune Rise Acquisition Corporation (Nasdaq:FRLA) ("FRLA" or the "Company") today announced that Water On Demand Inc., a privately-held subsidiary of OriginClear, Inc. (OTC: Other: OCLN) ("OCLN") and owner of its sponsor, Fortune Rise Sponsor LLC (the "Sponsor"), has deposited the required $100,000 (representing an additional $0.032 per public share) into the Company's trust account for the benefit of its valued public stockholders which provides a one-month extension to complete the Company's initial business combination. This additional contribution extends the date by which the Company has to complete its initial business combination for an additional one-month extension from July 5, 2024 to August 5, 2024.

Fortune Rise Acquisition Corporation Receives July Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination

Fortune Rise Acquisition Corporation Receives June Monthly Extension from Sponsor Affiliate to Complete Its Initial Business Combination

CLEARWATER, FL / ACCESSWIRE / June 6, 2024 / Fortune Rise Acquisition Corporation (NASDAQ:FRLA) ("FRLA" or the "Company") today announced that Water On Demand Inc., a privately-held subsidiary of OriginClear, Inc. (OTC: Other: OCLN) ("OCLN") and owner of its sponsor, Fortune Rise Sponsor LLC (the "Sponsor"), has deposited the required $100,000 (representing an additional $0.032 per public share) into the Company's trust account for the benefit of its valued public stockholders which provides a one-month extension to complete the Company's initial business combination. This additional contribution extends the date by which the Company has to complete its initial business combination for an additional one-month extension from June 5, 2024 to July 5, 2024.

Fortune Rise Acquisition Corporation Receives June Monthly Extension from Sponsor Affiliate to Complete Its Initial Business Combination

Fortune Rise Acquisition Corporation Receives May Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination

CLEARWATER, FL / ACCESSWIRE / May 7, 2024 / Fortune Rise Acquisition Corporation (Nasdaq:FRLA) ("FRLA" or the "Company") today announced that Water On Demand Inc., a privately-held subsidiary of OriginClear, Inc. (OTC: Other: OCLN) ("OCLN") and owner of its sponsor, Fortune Rise Sponsor LLC (the "Sponsor"), has deposited the required $100,000 (representing an additional $0.032 per public share) into the Company's trust account for the benefit of its valued public stockholders which provides a one-month extension to complete the Company's initial business combination. This additional contribution extends the date by which the Company has to complete its initial business combination for an additional one-month extension from May 5, 2024 to June 5, 2024.

Fortune Rise Acquisition Corporation Receives May Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination

Fortune Rise Acquisition Corporation Receives April Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination

CLEARWATER, FL / ACCESSWIRE / April 8, 2024 / Fortune Rise Acquisition Corporation (Nasdaq:FRLA) ("FRLA" or the "Company") today announced that Water On Demand Inc., a privately-held subsidiary of OriginClear, Inc. (OTC Other:OCLN) ("OCLN") and owner of its sponsor, Fortune Rise Sponsor LLC (the "Sponsor"), has deposited the required $100,000 (representing an additional $0.032 per public share) into the Company's trust account for the benefit of its valued public stockholders which provides a one-month extension to complete the Company's initial business combination. This additional contribution extends the date by which the Company has to complete its initial business combination for an additional one-month extension from April 5, 2024 to May 5, 2024.

Fortune Rise Acquisition Corporation Receives April Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination

Fortune Rise Acquisition Corporation Receives March Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination

CLEARWATER, FL / ACCESSWIRE / March 6, 2024 / Fortune Rise Acquisition Corporation (NASDAQ:FRLA) ("FRLA" or the "Company") today announced that Water On Demand Inc., a privately-held subsidiary of OriginClear, Inc. (OTC: Other: OCLN) ("OCLN") and owner of its sponsor, Fortune Rise Sponsor LLC (the "Sponsor"), has deposited the required $100,000 (representing an additional $0.032 per public share) into the Company's trust account for the benefit of its valued public stockholders which provides a one-month extension to complete the Company's initial business combination. This additional contribution extends the date by which the Company has to complete its initial business combination for an additional one-month extension from March 5, 2024 to April 5, 2024.

Fortune Rise Acquisition Corporation Receives March Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination

Fortune Rise Acquisition Corporation Receives February Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination

CLEARWATER, FL / ACCESSWIRE / February 6, 2024 / Fortune Rise Acquisition Corporation (Nasdaq:FRLA) ("FRLA" or the "Company") today announced that Water On Demand Inc., a privately-held subsidiary of OriginClear, Inc. (OTC: Other: OCLN) ("OCLN") and owner of its sponsor, Fortune Rise Sponsor LLC (the "Sponsor"), has deposited the required $100,000 (representing an additional $0.032 per public share) into the Company's trust account for the benefit of its valued public stockholders which provides a one-month extension to complete the Company's initial business combination. This additional contribution extends the date by which the Company has to complete its initial business combination for an additional one-month extension from February 5, 2024 to March 5, 2024.

Fortune Rise Acquisition Corporation Receives February Monthly Extension From Sponsor Affiliate to Complete its Initial Business Combination

Fortune Rise Acquisition Corporation Names Director Ryan Spick as Principal Executive Officer and Chief Financial Officer

CLEARWATER, FL / ACCESSWIRE / January 9, 2024 / Fortune Rise Acquisition Corporation (NASDAQ:FRLA) ("FRLA") today announced that Ryan Spick has recently moved from FRLA's Board to the role of Principal Executive Officer and Chief Financial Officer to execute on its proposed business combination with Water on Demand, Inc. ("WOD"), a privately-held subsidiary of OriginClear, Inc. (OTC: Other: OCLN) and owner of FRLA's sponsor, Fortune Rise Sponsor LLC, with which it has signed a definitive business combination agreement (the "Business Combination"). With a background in institutional and commercial construction, Ryan Spick specializes today in planning, strategizing, and managing sophisticated real estate projects from start to finish.

Fortune Rise Acquisition Corporation Names Director Ryan Spick as Principal Executive Officer and Chief Financial Officer

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