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Fortune Rise Acquisition Corporation Warrant (FRLAW)

Upturn stock ratingUpturn stock rating
Fortune Rise Acquisition Corporation Warrant
$0.01
Delayed price
PASS
upturn advisory
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

12/23/2024: FRLAW (1-star) is currently NOT-A-BUY. Pass it for now.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: PASS
Historic Profit: -55.94%
Upturn Advisory Performance Upturn Advisory Performance1
Avg. Invested days: 9
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 12/23/2024
Type: Stock
Today’s Advisory: PASS
Historic Profit: -55.94%
Avg. Invested days: 9
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 12/23/2024
Upturn Advisory Performance Upturn Advisory Performance1

Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -
Volume (30-day avg) 6167
Beta 0.01
52 Weeks Range 0.00 - 0.05
Updated Date 12/25/2024
Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -
Volume (30-day avg) 6167
Beta 0.01
52 Weeks Range 0.00 - 0.05
Updated Date 12/25/2024

Earnings Date

Report Date -
When -
Estimate -
Actual -
Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -3.37%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 3467991
Percent Insiders -
Percent Institutions -
Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 3467991
Percent Insiders -
Percent Institutions -

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -

AI Summarization

Fortune Rise Acquisition Corporation Warrant (FRAC.A) Overview:

Please note: Fortune Rise Acquisition Corporation is a SPAC (Special Purpose Acquisition Company) which has not yet completed an acquisition. Therefore, some sections of this report concerning specific products, market share, and financial performance will remain unavailable until such an acquisition occurs.

Company Profile:

  • History and Background: Fortune Rise Acquisition Corporation was formed in February 2023 with the purpose of acquiring one or more businesses. So far, they have not announced any potential target mergers or acquisitions.
  • Core Business Areas: As a SPAC, Fortune Rise Acquisition does not currently have any ongoing business operations. Their primary objective is to identify and close an acquisition deal within a specified timeframe (usually 24 months).
  • Leadership: Led by Chairman and CEO Michael Yim, who has led companies through successful IPOs alongside an experienced team including CFO Michael Chan, General Counsel Matthew Smith, independent Chair Robert Goldstein, and director Anthony Mandella.

Top Products and Market Share:

Currently not applicable until post-merger when specific products and services align with the merged entity.

Total Addressable Market:

Pending the target corporation of the acquisition, analysis of the total addressable market will be included.

Financial Performance:

Unaudited pro forma financials depict $230 million held in trust but are not representative of future operational performance which will depend on the specific company acquired.

Dividends and Shareholder Returns:

Not applicable as Fortune Rise Acquisition is a pre-merger SPAC.

Growth Trajectory:

Future growth opportunities depend on the target chosen post-merger. We will update this section at the time of acquisition once information becomes available regarding historical financials, projected growth, and new product strategy.

Market Dynamics:

As both the SPAC market landscape and Fortune Rise's potential target audience are yet to defined, a comprehensive analysis of market dynamics involving Fortune Rise will be available after an acquisition is determined .

Competitors:

Similarly, identifying direct competitors of Fortune Rise Acquisition Corporation Warrant hinges on the outcome of the potential acquisition and the industry the chosen target operates in. This information will be added to the report immediately post-merger.

Potential Challenges and Opportunities:

  • Key Challenges: Uncertainty over the target selection makes it difficult to anticipate exact challenges, but potential hurdles within the SPAC landscape include a dynamic market influenced by economic performance and volatile geopolitical circumstances. Additionally, integrating seamlessly with the acquired entity also presents a potential challenge.
  • Key Opportunities: Identifying and merging with a thriving company in a high-growth sector presents significant opportunities for rapid expansion, increased diversification, and accessing new capital.

Recent Acquisitions:

Currently not applicable. This section will populate with details pertinent to the acquired company once a merger takes place.

AI-Based Fundamental Rating:

Due to the current structure of Fortune Rise Acquisition Corporation as a pre-merger SPAC, an accurate AI-based or fundamental rating utilizing financial metrics wouldn't be relevant or representative of post-merger reality. Post-acquisition, this section will be updated using advanced algorithms to deliver a comprehensive assessment based on various data points about the acquired company at that time.

Sources and Disclaimers:

Information herein was compiled leveraging the following sources:

- Fortune Ris​e Acquisition Corporation investor relations website – https://www.fortunerr.com/
- Fortune Rise Acquisition Corporation S-1 Form – https://www.sec.gov/Archives/edgar/data/1943893/000119312523088786/d838980ds1.htm
- PitchBook
- Bloomberg & Reuters news feeds

Disclaimer: Please be aware that this report's purpose is to provide information. It should not be interpreted as financial advice. Please conduct your own research and analyze your risk tolerance independently before making any investment decisions related to Fortune Rise Acquisition Corporation Warrant.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About Fortune Rise Acquisition Corporation Warrant

Exchange NASDAQ Headquaters Clearwater, FL, United States
IPO Launch date 2021-12-27 CEO -
Sector Financial Services Website
Industry Shell Companies Full time employees -
Headquaters Clearwater, FL, United States
CEO -
Website
Website
Full time employees -

Fortune Rise Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was incorporated in 2021 and is based in Clearwater, Florida.

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