FTRA FutureCorp Space Acquisition 1
NEUTRAL
Impact: 2/10
3
Form 3 — initial insider ownership statement
Price Chart
Loading chart...
Executive Summary
Sudhin Shahani filed a Form 3 disclosing beneficial ownership of 5,750,000 Class A ordinary shares and an undisclosed number of Class B ordinary shares in FutureCorp Space Acquisition 1, a SPAC. This is a routine initial ownership filing by an insider with no material financial impact.
Actionable Insight
Monitor for future announcements regarding the SPAC's initial business combination target, as insider ownership may influence deal outcomes.
Key Facts
- Sudhin Shahani reported indirect beneficial ownership of 5,750,000 Class A ordinary shares via FutureCorp Space Acquisition 1 LLC (the Sponsor).
- Class B ordinary shares are held by the Sponsor, with up to 750,000 shares subject to forfeiture depending on underwriters' over-allotment exercise.
- Shahani, along with Joshua B. Marks, controls the Sponsor's investment decisions through a chain of LLCs.
Financial Impact
No financial impact; filing is a routine ownership disclosure.
Risk Factors
- SPAC may fail to complete a business combination within the required timeframe.
- Forfeiture of Class B shares could reduce insider stake if over-allotment option is not exercised.
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 3 Filing (Primary) | 0001213900-26-065464 |
| Document: 0001213900-26-065464-index.html | 0001213900-26-065464 |
| Document: 0001213900-26-065464.txt | 0001213900-26-065464 |
7 reports for FTRA
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 5, 2026
1d ago
|
424B4
| — | awaiting T+20 | — | — |
|
Jun 5, 2026
1d ago
|
EFFECT
| — | awaiting T+20 | — | — |
|
Jun 5, 2026
1d ago
|
3
| — | awaiting T+20 | — | — |
|
Jun 5, 2026
1d ago
|
3
| — | awaiting T+20 | — | — |
|
Jun 5, 2026
1d ago
|
3
| — | awaiting T+20 | — | — |
|
Jun 5, 2026
1d ago
|
3
| — | awaiting T+20 | — | — |
|
Jun 2, 2026
4d ago
|
S-1/A
| — | awaiting T+20 | — | — |
Showing 7 of 7
US Market Status
Market Closed — Opens Mon (14h 54m)
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access