Brief: Originclear’S Water On Demand Subsidiary Signs Letter Of Intent To Merge With Fortune Rise Acquisition Corporation
05/01/2023 21:46
Jan 5 (Reuters) - Fortune Rise Acquisition Corp
FRLA.O :
* ORIGINCLEAR’S WATER ON DEMAND SUBSIDIARY SIGNS LETTER OF
INTENT
TO MERGE WITH FORTUNE RISE ACQUISITION CORPORATION
* FORTUNE RISE ACQUISITION CORP - UPON CLOSING OF BUSINESS
COMBINATION, NEWLY-COMBINED ENTITY WILL TRADE PUBLICLY ON NASDAQ
UNDER A NEW TRADING SYMBOL
* FORTUNE RISE ACQUISITION CORP - PURSUANT TO LOICO WILL
ACQUIRE
100% OF OUTSTANDING EQUITY SECURITIES OF WODI
* FORTUNE RISE ACQUISITION CORP - WODI EQUITY HOLDERS WILL
RECEIVE
SHARES OF COMMON STOCK OF FLRA
Further company coverage: FRLA.O
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