Koon Keung Chan - 02 Nov 2021 Form 3 Insider Report for Fortune Rise Acquisition Corp

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
3
Accepted by SEC
09 Nov 2021, 05:03:27 UTC
Source filing
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Reporting owner 1 detail
Reporting owner signature
/s/ Koon Keung Chan

Key filing fact

Koon Keung Chan filed Form 3 for Fortune Rise Acquisition Corp on 09 Nov 2021.

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.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

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Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FRLA holding

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,000,000
Date
02 Nov 2021
Ownership
See footnote
Footnotes
F1, F2, F3
FRLA holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
505,500
Date
02 Nov 2021
Ownership
See footnote
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

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.

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