WuBlock has learned that Future Money Acquisition Corporation announced the completion of its initial public offering (IPO), issuing a total of 11.2 million units at $10 per unit, raising $112 million (including an over-allotment of 1.2 million units). Additionally, the company completed a private placement of 304,000 units, raising $3.04 million, bringing the total funds to approximately $112.56 million, which have been deposited into a trust account. The company was listed on the Nasdaq Global Market on March 27 under the ticker symbol “FMACU.” Each unit consists of 1 share of common stock and 1 right (entitling the holder to 1/5 of a share of common stock upon completion of the initial business combination). In the future, the common stock and rights are expected to trade under the symbols “FMAC” and “FMACR,” respectively. The company is a Cayman Islands-registered SPAC, aiming to conduct transactions through mergers, asset acquisitions, or other business combinations. https://(wublock123.com)/news/future-money-acquisition-ipo-112m-nasdaq-listing-58968