| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FRLA | Class B Common Stock | Other | $0 | -60K | -2.56% | $0.00 | 2.28M | Oct 20, 2023 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | Class B common stock will automatically convert into Class A common stock on one-for-one basis, subject to certain adjustments as provided in the second amended and restated certificate of incorporation, as amended, of Fortune Rise Acquisition Corporation upon the consummation of an initial business combination. |
| F2 | In connection with Ronald Pollack, Philip Goodman and Ryan Spick's appointments to the board of directors of Fortune Rise Acquisition Corporation, Fortune Rise Sponsor LLC transferred 30,000 shares of Class B Common Stock to Ronald Pollack, 20,000 shares of Class B Common Stock to Philip Goodman and 10,000 shares of Class B Common Stock to Ryan Spick. |
| F3 | Fortune Rise Sponsor LLC is the record holder of the shares reported herein. T. Riggs Eckelberry is the manager of Fortune Rise Sponsor LLC. As such. Mr. Eckelberry may be deemed to have beneficial ownership of the shares of common stock held directly by Fortune Rise Sponsor LLC. Mr. Eckelberry disclaims beneficial ownership over any securities owned by our sponsor in which he does not have any pecuniary interest. |