New York, NY, June  04, 2026  (GLOBE NEWSWIRE) --  FutureCorp Space Acquisition 1 (the &#34;Company&#34;) announced today the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units

FTRA

FutureCorp Space Acquisition 1 Announces Pricing of $200,000,000 Initial Public Offering

FutureCorp Space Acquisition I prices 20M units; FTRAU debuts June 5

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>New York, NY, June  04, 2026  (GLOBE NEWSWIRE) --  FutureCorp Space Acquisition 1 (the &amp;#34;Company&amp;#34;) announced today the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>FutureCorp Space Acquisition I priced its IPO at $10 per unit for 20 million units, with each unit comprising one Class A share and half a warrant. The units will trade as FTRAU on the NYSE starting June 5, with FTRA and FTRAW expected to list after separation. An over-allotment option could add up to 3 million units, and roughly $200 million in gross proceeds will be placed in a trust to pursue a space-focused business combination.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Units priced at $10 for 20,000,000; NYSE listing June 5 under FTRAU.</li><li>Each unit includes one Class A share and 1/2 warrant; warrants trade as FTRAW.</li><li>Over-allotment option: up to 3,000,000 additional units; closing expected June 8.</li><li>Proceeds likely ~$200 million; $10 per unit deposited into a trust.</li><li>SPAC targets space economy; management team and Cantor Fitzgerald as underwriter.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>FutureCorp Space Acquisition I (FTRAU)</strong>: SPAC; pricing and NYSE debut planned; primary trading vehicle upon listing.</li><li><strong>Cantor Fitzgerald &amp; Co. (N/A)</strong>: Sole book-running manager for the offering; underwriting support implied.</li><li><strong>FutureCorp Space Acquisition I - Class A (FTRA)</strong>: Expected to trade post-separation; equity exposure dependent on target timeline.</li><li><strong>FutureCorp Space Acquisition I - Warrants (FTRAW)</strong>: Warrants to trade independently; potential value tied to future share price and exercise.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The item describes a SPAC IPO and planned listing specifics tied to a space-economy focus, a typical corporate-financing milestone with implications for holders of units, shares, and warrants.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Pricing at $10 per unit sets a clear near-term price baseline.</li><li>48-hour to 5-day window around June 5 trading may show volatility.</li><li>Over-allotment option adds potential dilution and post-IPO supply.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Offering: 20,000,000 units at $10 each.</li><li>Warrants: each unit includes 1/2 warrant; whole warrant exercisable at $11.50.</li><li>Proceeds: approximately $200 million; $10 per unit deposited into trust.</li><li>Listing: NYSE; separate trading of FTRA and FTRAW after unit separation.</li><li>Over-allotment: up to 3,000,000 units; 45-day option.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term FTRAU will trade as units; later split into FTRA and FTRAW; timing of the target remains the key driver.</p>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify"><b>New York, NY, June  04, 2026  (GLOBE NEWSWIRE) --  </b>FutureCorp Space Acquisition 1 (the "Company") announced today the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units are expected to be listed on The New York Stock Exchange LLC ("NYSE") and begin trading on June 5, 2026, under the ticker symbol "FTRAU." Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. An amount equal to $10.00 per unit will be deposited into a trust account upon the closing of the offering. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on NYSE under the symbols "FTRA" and "FTRAW," respectively. The offering is expected to close on June 8, 2026, subject to customary closing conditions. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any.</p>  <p align="justify">The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business or industry or at any stage of its corporate evolution. The Company's primary focus will be on companies in the global space economy and adjacent industries, including space manufacturing and component supply chains, launch platforms, in-orbit services and habitats, in-orbit computing and manufacturing, space-based telecommunications and Earth observation, and defense-related activities.</p>  <p align="justify">The Company's management team is led by Joshua B. Marks, its Chief Executive Officer and Chief Financial Officer, Matthew A. Long, the General Counsel, and Sudhin R. Shahani, the Chairman of the Board of Directors (the "Board"). The Board also includes David J. Anderman, Shawn K. Pelsinger, and John R. Tuttle.</p>  <p>Cantor Fitzgerald &amp; Co. is acting as sole book-running manager for the offering.</p>  <p align="justify">The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Cantor Fitzgerald &amp; Co., Attention: Capital Markets, 499 Park Avenue, New York, NY 10022, or by email at <a href="https://www.globenewswire.com/Tracker?data=iAPvRLZ3gujy9jBzXdL_cMaw1tMxIMc5_u7CydEaHMa2q9EiRuHk1l4_7kmct6wQ9e5PhmFi9LWngQ_L7bgkrMMxNDJU5QkOvi7zx5yEzKs=" rel="nofollow" target="_blank">prospectus@cantor.com</a>, or by accessing the SEC's website, <a href="https://www.globenewswire.com/Tracker?data=lU-KhOLExxHVZfcYXQHSERtnobzE9-N74-72eJp4lr212rk6tdwcEQMamCn7QEgjzXmvyry9DmtnbzFlzYso2Q==" rel="nofollow" target="_blank">www.sec.gov</a>.</p>  <p align="justify">A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission ("SEC") and became effective on June 4, 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 an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</p>  <p><b>Forward-Looking Statements</b></p>  <p align="justify">This press release contains statements that constitute "forward-looking statements," including with respect to the expected closing of the proposed initial public offering and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all.</p>  <p align="justify">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 prospectus for the Company's initial public offering filed with the SEC. Copies of these documents are available on the SEC's website, <a href="https://www.globenewswire.com/Tracker?data=lU-KhOLExxHVZfcYXQHSESXAX7bwi3GudvXcxuzQ-9kAk3XiMBerWdc9Y_KmHIB2s7SIHbK7q8Y6N4vyvGwhBA==" rel="nofollow" target="_blank">www.sec.gov</a>. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.</p>  <p><b>Investor Contacts</b></p>  <p>FutureCorp Space Acquisition I<br></br><a href="https://www.globenewswire.com/Tracker?data=u3-yXDgr9feZz2XblNoIten8NQWyw7akRhfBafd5i91Pbk3bmPh5QVoitHHNjs0zHaZSJIBgQJy5dgJMJLzPf0xaK0YFhFbbJVxtTp1tkGs=" rel="nofollow" target="_blank">desk@futurecorp.vc</a><br></br>Attn: Joshua B. Marks; Sudhin R. Shahani</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTczMjIwMyM3NjM3NjY3IzUwMDE2MzYwMw=="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ZjgyZTUxZmUtZDgyOC00N2FjLThmZWItYzI3Mzc1OGMwNTY0LTUwMDE2MzYwMy0yMDI2LTA2LTA0LWVu/tiny/FutureCorp-Space-Acquisition-1.png" referrerpolicy="no-referrer-when-downgrade"></img>

FutureCorp Space Acquisition I priced its IPO at $10 per unit for 20 million units, with each unit comprising one Class A share and half a warrant. The units will trade as FTRAU on the NYSE starting June 5, with FTRA and FTRAW expected to list after separation. An over-allotment option could add up to 3 million units, and roughly $200 million in gross proceeds will be placed in a trust to pursue a space-focused business combination.

FutureCorp Space Acquisition 1 Announces Pricing of $200,000,000 Initial Public Offering

AI Summary

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Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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