EFFECT ·Filed Jun 5, 2026
IPO/offering going effective
Actionable Insight • Neutral
Units expected to begin trading imminently. Monitor for pricing announcement and subsequent trust value. No target identified — typical SPAC risk/reward profile with 24-month deal clock.
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Executive Summary
The SEC declared effective FutureCorp Space Acquisition 1's S-1 registration for a $200 million SPAC IPO of 20 million units at $10.00 per unit. The blank-check company can now begin trading, with pricing expected within 1-2 days, and will seek a target in the global space economy.
Key Facts
- Effectiveness date: June 4, 2026
- Offering: 20 million units at $10.00 per unit, raising $200 million
- SPAC focused on acquiring a business in the global space economy
- No target identified yet; proceeds held in trust pending business combination within 24 months
Financial Impact
$200 million raised in IPO trust
cashdilution
Risk Factors
- No identified acquisition target — risk of liquidation if no deal within 24 months
- SPAC market conditions may affect unit pricing post-IPO
- Dilution from sponsor promote and warrants
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| EFFECT Filing (Primary) | 9999999995-26-001886 |
| Document: 9999999995-26-001886-index.html | 9999999995-26-001886 |
| Document: 9999999995-26-001886.txt | 9999999995-26-001886 |
10 reports for FTRA
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 12, 2026 19w ago | 8-K | — | awaiting T+20 | — | — |
Jun 8, 2026 20w ago | 8-K | $10.17 $10.11 | ▼ −0.59% | ▼ −1.98% | $9.87 (−2.95%) |
Jun 8, 2026 20w ago | 3 | $10.11 $10.12 | ▲ +0.05% | ▼ −1.36% | $9.87 (−2.37%) |
Jun 5, 2026 20w ago | 424B4 | — | awaiting T+20 | — | — |
Jun 5, 2026 20w ago | EFFECT | — | awaiting T+20 | — | — |
Jun 4, 2026 20w ago | 3 | — | awaiting T+20 | — | — |
Jun 4, 2026 20w ago | 3 | — | awaiting T+20 | — | — |
Jun 4, 2026 20w ago | 3 | — | awaiting T+20 | — | — |
Jun 4, 2026 20w ago | 3 | — | awaiting T+20 | — | — |
Jun 2, 2026 20w ago | S-1/A | — | awaiting T+20 | — | — |
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US Market Status
Market Open — Closes in 5h 16m
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