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Fortune Rise Acquisition Corporation Warrant (FRLAW)
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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 | Today’s Advisory: PASS |
Historic Profit: -55.94% | Upturn Advisory Performance 1 | Avg. Invested days: 9 |
Profits based on simulation | Stock 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 | Stock Returns Performance 1 |
Profits based on simulation Last Close 12/23/2024 | Upturn Advisory Performance 1 |
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 Rise 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.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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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