FortuneX Acquisition Corp (FXAC) AI Dilution Summary
Updated Oct 8, 2026
The company reported cash of $574,630 at the 2026-06-30 balance-sheet date, against estimated monthly burn of $204,764; estimated cash was $574,630 as of 2026-06-30. The most recent capital raised was a registered public offering closed 2026-05-26, with gross proceeds of $86,250,000 and Polaris Advisory Partners, a division of Kingswood Capital Partners LLC, as representative of the underwriters. An unregistered private placement closed the same day with gross proceeds of $3,125,000.