New York, NY, March  30, 2026  (GLOBE NEWSWIRE) -- Future Money Acquisition Corporation (NASDAQ:FMACU) (the &#34;Company&#34;) today announced the closing of its initial public offering of 11,200,000 units at a price of $10.00

FMAC

Future Money Acquisition Corporation Announces Completion of $112,000,000 Initial Public Offering, Including Partial Exercise of Overallotment Option

FMAC Closes IPO, Raises $112 Million for Business Combination Targets

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>New York, NY, March  30, 2026  (GLOBE NEWSWIRE) -- Future Money Acquisition Corporation (NASDAQ:FMACU) (the &amp;#34;Company&amp;#34;) today announced the closing of its initial public offering of 11,200,000 units at a price of $10.00</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Future Money Acquisition Corporation (FMAC) successfully closed its IPO, raising $112 million in gross proceeds, which will be utilized for business acquisition. The offering marks a significant milestone, providing FMAC with ample capital to pursue target business combinations across various industries without geographic restrictions.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>FMAC closed its IPO of 11.2 million units, raising $112 million.</li><li>Units consist of one share and a right for additional shares after business combination.</li><li>A private placement raised an additional $3 million, totaling $112.56 million in trust.</li><li>The company seeks business combinations without industry or geographic limits.</li><li>Trading began on March 27, 2026, under NASDAQ symbol FMACU.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Future Wealth Capital Corp. (N/A)</strong>: FMAC&#039;s sponsor facilitating its IPO and future business strategy.</li><li><strong>Equiniti Trust Company, LLC (N/A)</strong>: Custodian for FMAC&#039;s trust account, managing IPO proceeds.</li><li><strong>D. Boral Capital LLC (N/A)</strong>: Managed FMAC&#039;s IPO, impacting FMAC&#039;s market visibility and investor outreach.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This press release falls under &#039;Corporate Developments&#039; as it details FMAC&#039;s IPO closure and funding strategy. The capital raised positions FMAC favorably for pursuing merger opportunities in diverse sectors.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>IPO proceeds will enhance FMAC&#039;s ability to identify acquisition targets.</li><li>The effective trading of units could attract investor interest in FMAC&#039;s future ventures.</li><li>The market may respond positively to successful future merger announcements.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>FMAC raised $112 million from its IPO at $10.00 per unit.</li><li>304,000 units sold in a concurrent private placement for $3 million.</li><li>The total capital deposited in trust amounted to $112,560,000.</li><li>Trading under NASDAQ symbol FMACU began on March 27, 2026.</li><li>Each unit includes one share and rights for fractional shares post-merger.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>FMAC is positioned for growth with substantial capital for acquisitions, ideal for medium-term investors.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">New York, NY, March  30, 2026  (GLOBE NEWSWIRE) -- Future Money Acquisition Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/FMACU">FMACU</a>) (the "Company") today announced the closing of its initial public offering of 11,200,000 units at a price of $10.00 per unit, which includes the partial exercise of the underwriters' option to purchase an additional 1,200,000 units to cover over-allotments. The gross proceeds from the offering were $112,000,000 before deducting underwriting discounts and estimated offering expenses. The Company's units are listed on the Nasdaq Global Market ("Nasdaq") under the symbol "FMACU" and began trading on March 27, 2026. Each unit issued in the offering consists of one ordinary share of the Company and one right to receive one-fifth (1/5) of an ordinary share upon the consummation of the Company's initial business combination. Once the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on Nasdaq under the symbols "FMAC" and "FMACR," respectively.</p>  <p align="justify">Concurrently with the closing of the initial public offering, the Company closed on a private placement of 304,000 units at a price of $10.00 per unit (the "Private Placement"), resulting in gross proceeds of $3,040,000. The private placement units are identical to the units sold in the initial public offering, subject to certain limited exceptions as described in the final prospectus.</p>  <p align="justify">As of March 30, 2026, a total of $112,560,000 (or $10.05 per Unit) of the net proceeds from the offering and the Private Placement were deposited in a trust account established by Equiniti Trust Company, LLC.</p>  <p align="justify">The Company is a blank check company newly incorporated as a Cayman Islands exempted company with limited liability for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The Company's efforts to identify a prospective target business will not be limited to a particular industry or geographic region. The Company's sponsor is Future Wealth Capital Corp., a British Virgin Islands business company with limited liability, whose ultimate beneficial owner is Mr. Siyu Li.</p>  <p align="justify">D. Boral Capital acted as the sole book-running manager for the offering. Torres &amp; Zheng at Law, P.C. served as legal counsel to the Company, and Robinson &amp; Cole LLP served as legal counsel to the underwriters.</p>  <p align="justify">A registration statement on Form S-1 (File No. 333-291996) relating to the units and the underlying securities has been filed with the U.S. Securities and Exchange Commission (the "SEC") and became effective on March 26, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</p>  <p align="justify">The offering was made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from D. Boral Capital LLC: Attn: 590 Madison Avenue 39th Floor, New York, NY 10022, or by email at <a href="https://www.globenewswire.com/Tracker?data=yD_yxgiSEMTbCTluGVR8x4H-VtZCjCe7TkLTDqwKCzKNJXmeDOq_gUYAhJOI3ni2yRB_5jYXiO9pSfrPKUb0F5krG2vJTfIE3VFNnq6iJHYEkr3YN1PkF1ElINU38Cfv6_BkKH0wTY_owMzJrM9vTQ==" rel="nofollow" target="_blank">dbccapitalmarkets@dboralcapital.com</a>, or by telephone at (212) 970-5150, or from the SEC's website at <a href="https://www.globenewswire.com/Tracker?data=Z62qxQhhYv0FId_RJRFwyOs6iEDST_Istk9ZQrd6kBnhc8VJ6yufXdnkqjTYm7gJrOu2066tNDvOox16nLh3SA==" rel="nofollow" target="_blank">www.sec.gov</a>.</p>  <p align="justify"><b>Forward-Looking Statements</b></p>  <p align="justify">This press release contains statements that constitute "forward-looking statements," including with respect to the anticipated use of the net proceeds and search for an initial business combination. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and related final prospectus for the initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.</p>  <p><b>Contact Information:</b></p>  <p>Future Money Acquisition Corporation<br></br>Siyu Li<br></br><a href="https://www.globenewswire.com/Tracker?data=cZhnFTjz7yo7EMCFDcNb4KkTD0jY4Fwqr5gXY05I6Eci-LwWx-8GKtdnf59oPModiuVQZL09N4emvM9fmVFXj3Iq33krYyilkiVOwgymZSE=" rel="nofollow" target="_blank">steven.li@fumoac.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY4MTE0MSM3NTExMzQ4IzUwMDE1OTk4MA=="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/YzBkNzQzNjUtYTEzNy00M2E4LWFhODItNmU5NWQxYWJkZWJhLTUwMDE1OTk4MC0yMDI2LTAzLTMwLWVu/tiny/Future-Money-Acquisition-Corpo.png" referrerpolicy="no-referrer-when-downgrade"></img>

Future Money Acquisition Corporation (FMAC) successfully closed its IPO, raising $112 million in gross proceeds, which will be utilized for business acquisition. The offering marks a significant milestone, providing FMAC with ample capital to pursue target business combinations across various industries without geographic restrictions.

Future Money Acquisition Corporation Announces Completion of $112,000,000 Initial Public Offering, Including Partial Exercise of Overallotment Option

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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