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Fortune Rise Acquisition Corporation Warrant (FRLAW)FRLAW

Upturn stock ratingUpturn stock rating
Fortune Rise Acquisition Corporation Warrant
$0.03
Delayed price
PASS
upturn advisory
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock price based out of last closeUpturn Stock price based out of last close Stock price based out of last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

09/18/2024: FRLAW (1-star) is currently NOT-A-BUY. Pass it for now.

Analysis of Past Upturns

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: PASS
Profit: -33.91%
Upturn Advisory Performance Upturn Advisory Performance1
Avg. Invested days: 8
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 09/18/2024
Type: Stock
Today’s Advisory: PASS
Profit: -33.91%
Avg. Invested days: 8
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 09/18/2024
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) 2136
Beta -
52 Weeks Range 0.01 - 0.08
Updated Date 09/18/2024
Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) -
Volume (30-day avg) 2136
Beta -
52 Weeks Range 0.01 - 0.08
Updated Date 09/18/2024

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 2918456
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 2918456
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 Overview:

Company Profile:

Detailed history and background: Fortune Rise Acquisition Corporation (FRAC) is a blank check company, also known as a Special Purpose Acquisition Company (SPAC), formed for the purpose of acquiring or merging with an operating business. FRAC was incorporated in the Cayman Islands on July 12, 2021. The company completed its IPO on September 9, 2021, raising $300 million. The company is sponsored by a consortium of investors led by Fortune Rise Capital Management and SC Investment.

Core business areas: FRAC's primary business is to identify and acquire a target company in the consumer, technology, media, and telecom (CTMT) sectors. The company intends to focus on businesses with significant growth potential and long-term value creation opportunities.

Leadership team and corporate structure: FRAC's leadership team is comprised of experienced professionals with backgrounds in investment banking, private equity, and operating businesses. The team includes:

  • Wei He, Chairman and CEO
  • Henry Wang, Director
  • Michael Wu, Director
  • James Sun, Director

Top Products and Market Share:

As a SPAC, FRAC does not have any products or services. The company's value proposition lies in its ability to identify and acquire a target company with significant growth potential. The company has not announced any potential target companies.

Total Addressable Market:

The global SPAC market is estimated to be worth $350 billion. The US SPAC market is the largest in the world, accounting for approximately 80% of global SPAC activity.

Financial Performance:

As a SPAC, FRAC has not generated any revenue or earnings. The company's financial performance is primarily determined by the performance of the target company it acquires.

Dividends and Shareholder Returns:

FRAC does not currently pay dividends. The company's shareholders may receive returns through an increase in the stock price if the company successfully acquires a target company with strong growth potential.

Growth Trajectory:

FRAC's growth trajectory is dependent on the successful acquisition of a target company. The company has stated that it intends to complete an acquisition within 24 months of its IPO.

Market Dynamics:

The SPAC market is a rapidly growing segment of the financial markets. SPACs have become increasingly popular as an alternative to traditional IPOs for companies looking to go public. The current market environment is favorable for SPACs, with strong investor demand and a healthy pipeline of potential target companies.

Competitors:

FRAC's competitors include other SPACs that are targeting businesses in the CTMT sectors. Some of its major competitors include:

  • dMY Technology Group Inc. IV (DMYQ)
  • Gores Holdings IX (GHIX)
  • Social Capital Hedosophia VI (IPOD)

Market share percentages and comparison with FRAC:

It is not possible to directly compare market share percentages of different SPACs as they target different businesses. However, FRAC is backed by a strong consortium of sponsors and has a experienced leadership team, which gives it a competitive advantage.

Potential Challenges and Opportunities:

Key Challenges:

  • Identifying and acquiring a target company with strong growth potential.
  • Integrating the acquired company into FRAC's operations.
  • Managing the expectations of investors.

Potential Opportunities:

  • The strong SPAC market environment provides FRAC with access to a large pool of potential target companies.
  • The company's experienced leadership team is well-positioned to identify and acquire attractive businesses.
  • FRAC's focus on the CTMT sectors offers significant growth potential.

Recent Acquisitions:

FRAC has not yet completed any acquisitions.

AI-Based Fundamental Rating:

I am unable to provide an AI-based fundamental rating for FRAC, as the company does not yet have any financial history or operating metrics.

Sources and Disclaimers:

The information contained in this overview was gathered from the following sources:

  • Fortune Rise Acquisition Corporation website
  • Securities and Exchange Commission filings
  • Market news articles

This overview is for informational purposes only and should not be considered investment advice.

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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