Company: FCRS
Filing Date: 2025-09-05
Form Type: S-1
Source: 0001213900-25-085160
Chunk: 87

Company: FutureCrest Acquisition Corp.
Filing Date: 2025-09-05
Form: S-1
Chunk 87
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 our sponsor, officers and directors and any other holder of our founder shares may lose their entire investment in us if our initial business combination is not completed (other than with respect to public shares they may acquire during or after this offering), a conflict of interest may arise in determining whether a particular business combination target is appropriate for our initial business combination. On June 9, 2025, our sponsor paid $25,000, or approximately $0.0045 per share, to cover certain of our offering costs and expenses in exchange for 6,325,000 founder shares. In August 2025, we issued, in a share capitalization, an additional 862,500 Class B ordinary shares to our sponsor, resulting on our sponsor holding 7,187,500 founder shares, at approximately, $0.0035 per share. Prior to the initial investment in the company of $25,000 by the sponsor, the company had no assets, tangible or intangible. The purchase price of the founder shares was determined by dividing the amount of cash contributed to the company by the number of founder shares issued. The number of founder shares outstanding was determined based on the expectation that the total size of this offering would be a maximum of 28,750,000 units if the underwriters’ over -allotmentoption is exercised in full, and therefore that such founder shares would represent 20% of the outstanding shares after this offering. Our public shareholders may incur material dilution due to such anti -dilutionadjustments that result in the issuance of Class A ordinary shares on a greater than one -to-onebasis upon conversion. Up to 937,500 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. The founder shares will be worthless if we do not complete an initial business combination, except to the extent they receive liquidating distributions from assets outside of the trust account. In addition, our sponsor and Cantor Fitzgerald & Co., the representative of the underwriters, have committed to purchase an aggregate of 3,500,000 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 $7,000,000 in the aggregate, in a private placement that will close simultaneously with the closing of this offering. Of those 3,500,000 private placement warrants, our sponsor has agreed to purchase 2,250