Company: FCRS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110990
Chunk: 57

Company: FutureCrest Acquisition Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 57
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 2025, there were 7,187,500 Public Warrants and 3,500,000 Private
Placement Warrants outstanding.

Net Loss per Ordinary Share

Net loss per share is computed by dividing net
loss by the weighted average number of ordinary shares outstanding during the period, excluding ordinary shares subject to forfeiture.
Weighted average shares were reduced for the effect of an aggregate of 937,500 ordinary shares that were subject to forfeiture by the
holders thereof depending on the extent to which the underwriter’s over-allotment option is exercised. On September 29, 2025, the
Company’s underwriters fully exercised their over-allotment option resulting to no shares subject to forfeiture. As of September
30, 2025, the Company did not have any dilutive securities and other contracts that could, potentially, be exercised or converted into
ordinary shares and then share in the earnings of the Company. As a result, diluted loss per share is the same as basic income per share
for the period presented.

The following table presents a reconciliation of the numerator and
denominator used to compute basic and diluted net loss per share for each class of ordinary shares:

    For the Three Months Ended 
September
    30, 2025  
    For the period from 
June 9, 2025 
(Inception) Through September 30, 2025 

    Class A  
    Class B  
    Class A  
    Class B 
  
    Basic net loss per share: 

    Numerator: 

    Allocation of net loss, basic 
    $(2,923) 
    $(57,914) 
     $
(3,046) 
    $(74,932)
  
    Denominator: 

    Basic and diluted weighted-average ordinary shares outstanding 
     315,934  
     6,260,302   
     254,425   
     6,258,296 
  
    Basic and diluted net loss per ordinary share 
     $ (0.01) 
     $ (0.01) 
     $ (0.01) 
    $(0.01)

Class A Ordinary Shares Subject to Possible
Redemption

The Public Shares contain a redemption feature
which allows for the redemption of such Public Shares in connection with the Company’s liquidation, or if there is a shareholder
vote or tender offer in connection with the Company’s initial Business Combination. In accordance with ASC