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SPAC · Deal announced · FXAC

FortuneX Acquisition Corp

Business combination with WT Realty Group Inc.

FortuneX Acquisition Corp (FXAC) is a blank-check company (SPAC) that raised $75M in its initial public offering on May 22, 2026, listing on Nasdaq Global Market. It agreed to combine with WT Realty Group Inc., announced on Sep 22, 2026, at a stated value of $525M. The deal has not closed yet. Kingswood led the IPO. Ogier advised the SPAC and O’Melveny & Myers advised the underwriters on the IPO.

WT Realty Group Inc. is a Delaware corporation operating a technology-enabled real estate platform. Through its subsidiary Wetrust Realty it provides brokerage, escrow, lending and mortgage-related, title and commercial real estate services, plus technology solutions for real estate professionals and consumers.

Status
Deal announced
Ticker
FXAC
IPO date
May 22, 2026
IPO size
$75M
IPO exchange
Nasdaq Global Market
Target
WT Realty Group Inc.
Target sector
Real estate
Announced
Sep 22, 2026
Stated deal value
$525M
IPO underwriters
Kingswood
SPAC counsel (IPO)
Ogier
Underwriters' counsel (IPO)
O’Melveny & Myers

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