---
title: "Futurewave Acquisition completes $86.25M IPO, places proceeds in $86.25M trust"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291785505.md"
description: "Futurewave Acquisition completed its IPO, selling 8.625 million units at $10 each to raise $86.25 million, all of which was placed in a trust account. The company has until June 26, 2027, to complete a business combination or liquidate. Although the auditor issued an unmodified opinion, substantial doubt exists regarding the company's ability to continue as a going concern."
datetime: "2026-07-06T10:03:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291785505.md)
  - [en](https://longbridge.com/en/news/291785505.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291785505.md)
generator: "portal-rs"
---

# Futurewave Acquisition completes $86.25M IPO, places proceeds in $86.25M trust

**Futurewave Acquisition completed an IPO of 8,625,000 units raising $86.25 million and placed $86.25 million in a trust account.**

**Key Highlights:**

-   Sold 8,625,000 units at $10.00 each, generating $86,250,000 gross proceeds including full over-allotment.
-   Sponsor purchased 255,500 private units for $2,555,000; $86,250,000 of proceeds placed in trust.
-   Each unit: one ordinary share, one right to 1/4 share on a business combination, and one warrant exercisable at $11.50.
-   Auditor issued an unmodified opinion but noted substantial doubt about the company's ability to continue as a going concern.
-   Company has 12 months (to June 26, 2027) to complete a business combination or liquidate and redeem public shares.

Original SEC Filing: Futurewave Acquisition Corp \[ FWACU \] - 8-K - Jul. 02, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**