Future Wealth Capital Corp. bought FMAC
March 30, 2026 · Form 4 insider transaction
Future Wealth Capital Corp. bought 304,000 shares of Future Money Acquisition Corporation at $10.00 per share, a transaction worth $3.04M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Reflects the 304,000 private units owned by Future Wealth Capital Corp., the Issuer's sponsor ("Sponsor"). Simultaneously with the consummation of the Issuer's initial public offering, the Sponsor acquired, at a price of $10.00 per unit, 304,000 units (the "Private Units") in a private placement for an aggregate purchase price of $3,040,000. Each private placement unit consists of ordinary share and one right to receive one-fifth (1/5) of one ordinary share upon consummation of the Issuer's initial business combination. The reported shares are the 304,000 ordinary shares included in such Private Units.; Represents (i) the 304,000 private units referred to in footnotes 1 and (ii) 4,362,069 ordinary shares held by the Sponsor (up to 113,793 of which are subject to forfeiture if the underwriter's over-allotment option is not exercised in full) acquired pursuant to a securities subscription agreement by and between the Issuer and the Sponsor.; The Sponsor is the record holder of the shares reported herein. Mr. Siyu Li is the beneficial owner of the Sponsor and has voting and dispositive power over the shares owned by the sponsor. Mr. Siyu Li beneficially owns all of the Sponsor's shares through Architexon Limited, a British Virgin Islands company that holds 70% of the shares, and Future Wealth SG Limited, a British Virgin Islands company that holds 30% of the shares.