Expect units to begin trading within 1-2 days. Monitor for initial pricing and any pre-IPO redemptions. The SPAC's blank-check structure means no operational revenue — returns depend entirely on future target identification and acquisition execution.
Price Chart
Executive Summary
Futurewave Acquisition Corp's S-1 registration statement (File No. 333-295572) for a $75M SPAC IPO (7.5M units at $10/unit) became effective on June 24, 2026. This clears the final regulatory hurdle for the SPAC to begin trading, with units expected to price and list in the near term. No acquisition target has been identified; the company has 12 months to complete a business combination.
Key Facts
- Effectiveness date: June 24, 2026
- Offering: 7,500,000 units at $10/unit for $75M total gross proceeds
- SPAC has 12 months post-IPO to complete a business combination
- No target identified; sponsor acquired founder shares for $25,000
Financial Impact
$75 million gross IPO proceeds deposited in trust account, pending acquisition
Risk Factors
- No acquisition target identified; risk of liquidation if no deal within 12 months
- Sponsor founder shares at $25,000 create significant dilution for public unit holders
- SPAC market conditions may affect unit pricing and trust account returns
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| EFFECT Filing (Primary) | 9999999995-26-002100 |
| Document: 9999999995-26-002100-index.html | 9999999995-26-002100 |
| Document: 9999999995-26-002100.txt | 9999999995-26-002100 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 28, 2026 28d ago | 425 | $9.95 | awaiting T+20 | — | $9.95 (−0.00%) |
Sep 28, 2026 28d ago | 8-K | $9.95 | awaiting T+20 | — | $9.95 (−0.00%) |
Jul 2, 2026 16w ago | 3 | — | awaiting T+20 | — | — |
Jul 2, 2026 16w ago | 3 | — | awaiting T+20 | — | — |
Jun 30, 2026 16w ago | 8-K | — | awaiting T+20 | — | — |
Jun 26, 2026 17w ago | 424B4 | — | awaiting T+20 | — | — |
Jun 25, 2026 17w ago | EFFECT | — | awaiting T+20 | — | — |
Jun 4, 2026 20w ago | S-1/A | — | awaiting T+20 | — | — |
Jun 2, 2026 20w ago | S-1/A | — | awaiting T+20 | — | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers