FTHAU Forefront Tech Holdings Acquisition Corp
Price Chart
Executive Summary
Forefront Tech Holdings Acquisition Corp priced its IPO of 10,000,000 units at $10.00 per unit, raising $100 million (before over-allotments). The SPAC will trade on Nasdaq under 'FTHAU' starting April 30, 2026, targeting technology businesses in blockchain AI, digital trade identities, and robotics. This is a standard blank-check IPO with no operational revenue or earnings to evaluate.
Key Financial Metrics
Actionable Insight
Monitor for business combination announcements post-IPO. The SPAC has 18-24 months to identify a target; any definitive agreement will be a significant catalyst. Track warrant trading for volatility signals.
Key Facts
- IPO of 10,000,000 units at $10.00 per unit, raising $100 million
- Each unit consists of one Class A ordinary share and one-half warrant (exercise price $11.50)
- Underwriters have a 45-day option to purchase up to 1,500,000 additional units
- Trading begins April 30, 2026 on Nasdaq under 'FTHAU'; shares and warrants expected to trade separately under 'FTHA' and 'FTHAW'
- Targeting technology sector with focus on blockchain-enabled AI, digital trade identities, and robotics
- BTIG, LLC is sole book-running manager; offering expected to close May 1, 2026
Financial Impact
$100 million raised from IPO (before over-allotments); potential additional $15 million from over-allotment option
Risk Factors
- No identified acquisition target yet; risk of failing to complete a business combination within required timeframe
- Warrant dilution if exercised; potential for unfavorable terms in future merger
- SPAC market conditions may affect ability to find suitable target or complete deal
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3284374 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 5, 2026
15d ago
|
8-K
| $9.98 $9.96 | ▼ −0.20% | ▼ −1.33% | $9.98 (−0.05%) |
|
May 2, 2026
18d ago
|
Press Release
| $9.98 $9.97 | ▼ −0.10% | ▼ −3.04% | $9.98 (−0.05%) |
|
Apr 29, 2026
21d ago
|
Press Release
| — | awaiting T+5 | — | — |
US Market Status
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