FortuneX Acquisition Corporation (FXACU) Prices $75M IPO

FortuneX Acquisition Corporation (NASDAQ:FXACU) announced the pricing of its $75 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FXACU” on Friday, May 22, 2026.

The new SPAC aims to mount a generalist search for a target company that could benefit from its team’s capital markets experience.

FortuneX Acquisition Corporation is to be led by Chairman and Chief Executive Officer Daniel McCabe. Becky Fallon, Sean Michael Deegan and Robert Labbe will serve on its Board of Directors.

Total SPAC deal count for 2026 year-to-date is now 95. This offering is expected to close on Tuesday, May 26, 2026.

Polaris Advisory Partners, a division of Kingswood Capital Partners LLC, is acting as the sole book-running manager for the offering. Celine & Partners PLLC is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. MaloneBailey LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.