FortuneX Acquisition agrees to merge with WT Realty in deal valued at USD 600 million
Bitget2026/09/22 21:27- FortuneX Acquisition entered a business combination agreement with WT Realty Group, a technology-enabled real estate services platform.
- Post-closing, FortuneX will domesticate to Delaware, become FortuneX Realty Group Holdings, with WT Realty as a wholly owned subsidiary.
- Deal terms call for 60,000,000 shares of PubCo common stock, implying an equity value of about USD 600 million at USD 10 per share.
- PubCo’s Class A common stock is expected to list on Nasdaq.
- Closing is targeted for the first quarter of 2027, subject to shareholder and stockholder votes and an effective Form S-4.
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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