FortuneX to merge with WT Realty in $600M de-SPAC deal
FortuneX signed a business combination agreement to domesticate in Delaware and merge with WT Realty in an all-stock transaction valuing WT Realty at $600 million. The deal would issue 60,000,000 PubCo shares at a $10 reference price and form a seven-member board post-closing.
FortuneX entered into a Business Combination Agreement to domesticate in Delaware and combine with WT Realty in an all-stock transaction valuing WT Realty at $600 million. The deal will issue 60000000 PubCo shares at a $10 reference price and will result in a seven-member board after closing.