Future Money Acquisition IPO Raises $112M in Units

Future Money Acquisition Corporation (NASDAQ: FMACU) completed its initial public offering of 11,200,000 units at $10.00 per unit, including a partial exercise of the underwriters’ over-allotment option for an additional 1,200,000 units. Gross proceeds were $112,000,000 before underwriting discounts and estimated offering expenses.

Each unit includes one ordinary share and one right to receive one-fifth of an ordinary share upon the company’s initial business combination. The company also closed a private placement of 304,000 units at $10.00 per unit, raising $3,040,000 in gross proceeds. Net proceeds deposited in a trust account totaled $112,560,000 as of March 30, 2026.