September 29, 2025 · Form 4 insider transaction
SEMLER ERIC bought 500,000 shares of FCRS, a transaction worth N/A. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 1 day after the transaction.
The Reporting Person purchased 500,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and one-quarter of one redeemable warrant.; Securities held directly by TCS Capital Advisors, LLC ("TCS Advisors"). TCS Capital Management, LLC ("TCS Management"), as the investment advisor of TCS Advisors, may be deemed to beneficially own the securities held directly by TCS Advisors. Mr. Semler, as the managing member of TCS Management, may be deemed to beneficially own the securities held directly by TCS Advisors. Mr. Semler disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that Mr. Semler is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.