Company: FCRS
Filing Date: 2025-08-05
Form Type: DRS
Source: 0001213900-25-071556
Chunk: 153

Company: FutureCrest Acquisition Corp.
Filing Date: 2025-08-05
Form: DRS
Chunk 153
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 ordinary shares upon the consummation of this offering. Our sponsor and Cantor Fitzgerald & Co. have committed, pursuant to written agreements, to purchase an aggregate of 3,200,000 private placement warrants, each exercisable to purchase one Class A ordinary share at $11.50 per share, at a price of $2.00 per warrant, or $6,400,000 in the aggregate, in a private placement that will close simultaneously with the closing of this offering. Of those 3,200,000 private placement warrants, our sponsor has agreed to purchase 2,100,000 warrants and Cantor Fitzgerald & Co. has agreed to purchase 1,100,000 warrants. The private placement warrants will also be worthless if we do not complete our initial business combination. The private placement warrants will be identical to the warrants sold in this offering except that, so long as they are held by our sponsor or its permitted transferees, the private placement warrants (i) may not (including the Class A ordinary shares issuable upon exercise of these warrants), subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of our initial business combination, (ii) will be entitled to registration rights and (iii) with respect to private placement warrants held by Cantor Fitzgerald & Co., will not be exercisable more than five years from the commencement of sales in this offering in accordance with FINRA Rule 5110(g)(8). Prior to or in connection with the completion of our initial business combination, there may be payment by the company to our sponsor, officers, directors or advisors a finder’s fee, advisory fee, consulting fee or success fee in order to effectuate the completion of our initial business combination, which, if made prior to the completion of our initial business combination, will be paid from funds held outside the trust account. Our audit committee will review on a quarterly basis all payments that were made to our sponsor, officers, directors or our or their respective affiliates. Prior to the closing of this offering, our sponsor may loan us funds in an aggregate amount of up to $300,000 to be used for a portion of the expenses of this offering. These loans would be non -interestbearing, unsecured and are due at the earlier of December 31, 2026 or the closing of this offering. As of June 30, 2025, we had borrowed $22,920 under the promissory note with our sponsor. In addition, in