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#3 -_ 1 (1)

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.

Press Release: https://www.prnewswire.com/news-releases/fortune-rise-acquisition-corporation-announces-pricing-of-85-million-initial-public-offering-301414644.html

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