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Winston & Strawn Represents US Tiger Securities, Inc.
November 4, 2021
Source: Winston & Strawn
Winston & Strawn represented US Tiger Securities, Inc. as underwriter counsel in connection with Fortune Rise Acquisition Corporation’s (NASDAQ: FRLA, the "Company") initial public offering ("IPO") of 8,500,000 units at a price of $10.00 per unit. The units are expected to be listed on The NASDAQ Global Market ("NASDAQ") and trade under the ticker symbol "FRLAU" beginning on, November 03, 2021. Each unit issued in the IPO consists of one share of Class A common stock and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one whole share of Class A common stock at a price of $11.50 per share. After the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on NASDAQ under the symbols "FRLA" and "FRLAW," respectively.
The Company has granted the underwriters a 45-day option to purchase up to an additional 1,275,000 units at the IPO price to cover over-allotments, if any.
Winston Team:
Blankenship, Lead Partner, Houston
Eric Johnson, Partner, Houston
Ben Griffith, Associate, Houston
John Niedzwiecki, Associate, Houston
Robbie Oakes, Associate, Houston
Luisa Patoni, Associate, Houston
Ben Smolij, Associate, Houston
Alexander Tanner, Associate, Houston
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