Company: FCRS
Filing Date: 2025-09-29
Form Type: 8-K
Source: 0001213900-25-093171
Chunk: 2

Company: FutureCrest Acquisition Corp.
Filing Date: 2025-09-29
Form: 8-K
Item: Item 1.01
Chunk 2
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”)
to the Sponsor and the Representative, with each Private Placement Warrant exercisable to purchase one Class A Ordinary Share at $11.50
per share, at a price of $2.00 per Private Placement Warrant, or $7,000,000 in the aggregate. Of the 3,500,000 Private Placement Warrants,
the Sponsor purchased 2,250,000 Private Placement Warrants and the Representative purchased 1,250,000 Private Placement Warrants. The
Private Placement Warrants (and underlying securities) are identical to the warrants included in the Units sold in the IPO, except as
otherwise disclosed in the Registration Statement. No underwriting discounts or commissions were paid with respect to such sale. The issuance
of the Private Placement Warrants was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities
Act of 1933, as amended.

Item 5.02 Departure of Directors or
Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 26, 2025, in
connection with the IPO, Eric Semler, Seth Ginns, Sam Englebardt and David E. Sharbutt (collectively with Thomas Lee and Chi Tsang, the
“ Directors”) were appointed to the board of directors of the Company (the “ Board”). Eric Semler,
Seth Ginns, Sam Englebardt and David E. Sharbutt are independent directors. Effective September 26, 2025, each of David E. Sharbutt, Eric
Semler and Seth Ginns was appointed to the Board’s Audit Committee, with Mr. Sharbutt serving as chair of the Audit Committee. Each
of Seth Ginns and Sam Englebardt was appointed to the Board’s Compensation Committee, with Mr. Ginns serving as chair of the Compensation
Committee. Each of Sam Englebardt and Eric Semler was appointed to the Board’s Corporate Governance and Nominating Committee, with
Mr. Englebardt serving as chair of the Corporate Governance and Nominating Committee.

Following the appointment
of the Directors, the Board is comprised of three classes. The term of office of the first class of Directors, which consists of Mr. Semler,
will expire at the Company’s first annual general meeting of shareholders. The term of office of the second class of Directors,
which consists of Messrs. Ginns, Englebardt