NEW YORK, June  25, 2026  (GLOBE NEWSWIRE) -- Futurewave Acquisition Corporation, a blank check company incorporated in the Cayman Islands (the &#34;Company&#34;), today announced the pricing of its initial public

FWACU

Futurewave Acquisition Corporation Prices Initial Public Offering

Futurewave's FWACU IPO priced at $10; initial trading to watch

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>NEW YORK, June  25, 2026  (GLOBE NEWSWIRE) -- Futurewave Acquisition Corporation, a blank check company incorporated in the Cayman Islands (the &amp;#34;Company&amp;#34;), today announced the pricing of its initial public</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Futurewave Acquisition priced its IPO at $10 per unit for 7.5 million units, each including one share, one redeemable warrant, and one right. Warrant exercise is $11.50; rights convert to a quarter share upon a de-SPAC. Units will begin trading today as FWACU, with separate trading of FWAC, FWACR, and FWACW after the split, subject to closing conditions.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Futurewave priced IPO at $10 with 7.5M units.</li><li>Each unit includes 1 share, 1 warrant, 1 right.</li><li>Warrant exercise price is $11.50; rights convert to 1/4 share.</li><li>FWACU begins trading today; FWAC, FWACR, FWACW separate later.</li><li>Underwriters may purchase up to 1.125M additional units.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Polaris Advisory Partners (N/A)</strong>: Sole book-running manager for the offering; division of Kingswood Capital Partners.</li><li><strong>Kingswood Capital Partners LLC (N/A)</strong>: Sponsor/partner in the offering; involved in the managed process.</li><li><strong>Celine and Partners, P.L.L.C. (N/A)</strong>: US legal counsel to the company.</li><li><strong>O’Melveny &amp; Meyers LLP (N/A)</strong>: Legal counsel to Polaris, a division of Kingswood in the offering.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The article describes an IPO for a SPAC vehicle, establishing FWACU as a publicly traded vehicle with warrants and rights, creating immediate liquidity and a price anchor. The next meaningful catalysts are the de-SPAC timeline and potential acquisition announcements.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>IPO pricing anchors FWACU at $10, guiding initial trading.</li><li>Underwriter over-allotment option adds potential upside or dilution risk.</li><li>De-SPAC timing and target quality remain key catalysts.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>7,500,000 units offered.</li><li>Pricing at $10 per unit.</li><li>Warrants exercisable at $11.50 per share.</li><li>Rights: one-fourth of a share per right.</li><li>Closing expected June 26, 2026.</li><li>Separate trading: FWAC, FWACR, FWACW after split.</li><li>Ticker FWACU on Nasdaq.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>FWACU likely trades near $10 on debut; upside tied to de-SPAC progress over 1–3 months.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>NEW YORK, June  25, 2026  (GLOBE NEWSWIRE) -- Futurewave Acquisition Corporation, a blank check company incorporated in the Cayman Islands (the "Company"), today announced the pricing of its initial public offering ("IPO") of 7,500,000 units at an offering price of $10.00 per unit, with each unit consisting of one ordinary share, one redeemable warrant, and one right. Each warrant entitles the holder thereof to purchase one ordinary share at a price of $11.50 per share, subject to adjustments. Each right entitles the holder thereof to receive one-fourth (1/4) of one ordinary share upon the consummation of the Company’s initial business combination. The units are expected to trade on The Nasdaq Global Market ("Nasdaq") under the ticker symbol "FWACU" beginning today, June 25, 2026. The Company expects the IPO to close on June 26, 2026, subject to customary closing conditions. Once the securities comprising the units begin separate trading, the ordinary shares, rights and the warrants are expected to be traded on Nasdaq under the symbols "FWAC," "FWACR" and "FWACW," respectively.</p>  <p>Polaris Advisory Partners, a division of Kingswood Capital Partners LLC, is acting as the sole book-running manager for the offering.</p>  <p>The Company has granted the underwriters a 45-day option to purchase up to 1,125,000 additional units at the initial public offering price, less underwriting discounts and commissions, to cover over-allotments, if any.</p>  <p>Celine and Partners, P.L.L.C. is serving as US legal counsel to the Company and O’Melveny &amp; Meyers LLP is serving as legal counsel to Polaris, a division of Kingswood Capital Partners LLC, in the offering.</p>  <p>A registration statement on Form S-1 relating to the securities (File No. 333-295572) was previously filed with the Securities and Exchange Commission (&#34;SEC&#34;) and was declared effective on June 24, 2026 pursuant to Section 8(a) of the Securities Act of 1933, as amended. This offering is being made only by means of a prospectus forming part of the effective registration statement. Copies of the final prospectus, when available, may be obtained on the SEC’s website at <a href="https://www.globenewswire.com/Tracker?data=HM5dqi52tYFSOxC-N991L3pI51C08kY7ela7Enu-cKjjkHn7VH2LUXuTjB0DOzQ_1i-ujNQM5RybyaHy6DWXXA==" rel="nofollow" target="_blank">http://www.sec.gov</a>. Copies of the prospectus may be obtained, when available, by contacting Kingswood Capital Partners, LLC, 126 East 56th Street, Suite 22S, New York, NY 10022, or by calling 212-487-1080 or emailing Syndicate@kingswoodUS.com.</p>  <p><em>This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.</em></p>  <p>Contact: <a href="https://www.globenewswire.com/Tracker?data=RpaV9pvlEQgdlt8GH2ce5R7t6Sx7wEOazhIX4EOVQDaLHr1ZVO9DTU5TvMlibItDZqvhopkELTKBZAyoskOYUTFRlQY5mSBKg1-6X-vrPcQ=" rel="nofollow" target="_blank">admin@futurewaveacq.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc1MjY3MCM3Njc2OTg3IzIzMjI4OTA="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/MDhjM2M5Y2QtYThmZS00ZGUwLWFiOTYtYjEyMWMxZDQ1OTA3LTEzMzQ0NDAtMjAyNi0wNi0yNS1lbg==/tiny/Futurewave-Acquisition-Corpora.png" referrerpolicy="no-referrer-when-downgrade"></img>

Futurewave Acquisition priced its IPO at $10 per unit for 7.5 million units, each including one share, one redeemable warrant, and one right. Warrant exercise is $11.50; rights convert to a quarter share upon a de-SPAC. Units will begin trading today as FWACU, with separate trading of FWAC, FWACR, and FWACW after the split, subject to closing conditions.

Futurewave Acquisition Corporation Prices Initial Public Offering

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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