FortuneX Acquisition cuts WT Realty merger consideration to 52,500,000 shares from 60,000,000

Bitget2026/10/14 10:04

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FortuneX Acquisition amended its deal to merge with WT Realty Group, cutting the agreed equity value to $525 million.
Merger consideration reset to 52,500,000 shares of PubCo common stock from 60,000,000 shares previously.
Reference price held at $10.00 per share, keeping consideration as a fixed share count.
No adjustment mechanisms tied to cash, debt, working capital, escrow, or holdbacks, before or after the amendment.
First amendment to the business combination agreement executed on Oct. 13, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortunex Acquisition Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-26-011104), on October 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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FortuneX Acquisition cuts WT Realty merger consideration to 52,500,000 shares from 60,000,000

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