Key facts
- This page summarizes Koon Keung Chan's Form 3 filing for Fortune Rise Acquisition Corp.
- 0 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 09 Nov 2021, 05:03.
Key filing fact
Ownership activity is grounded in SEC Form 3 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
No transaction description listed
No transaction description listed
Additional SEC filing notes
Footnote 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 2nd amended and restated certificate of incorporation of Fortune Rise Acquisition Corporation upon the consummation of an initial business combination.
Footnote F2
In connection with the closing of the initial public offering of the Issuer and the exercise of over-allotment option in full by underwriters on November 5, 2021, Koon Keung Chan is deemed to beneficially own 2,000,000 shares of Class B Common Stock and 505,500 shares of Class A Common Stock held by Fortune Rise Sponsor LLC.
Footnote F3
Fortune Rise Sponsor LLC is the record holder of the shares reported herein. Koon Keung Chan is the manager of Fortune Rise Sponsor LLC. As such. Mr. Chan is deemed to have beneficial ownership of the shares of common stock held directly by Fortune Rise Sponsor LLC. Mr. Chan disclaims beneficial ownership over any securities owned by our sponsor in which he does not have any pecuniary interest.