Company: FCRS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110990
Chunk: 74

Company: FutureCrest Acquisition Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 74
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2025 (inception) through September 30, 2025 were organizational
activities, those necessary to prepare for the Initial Public Offering, described below, and identifying a target company for a Business
Combination. We do not expect to generate any operating revenues until after the completion of our Business Combination. Subsequent to
the Initial Public Offering, we generate non-operating income in the form of interest income on marketable securities held in the Trust
Account. We incur expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance),
as well as for due diligence expenses.

For the three months ended September 30, 2025,
we had a net loss $60,837, which consisted of general and administrative costs of $84,688 offset by, Interest earned on marketable securities
held in Trust Account of $23,851.

For the period from July 9, 2025 (inception)
through September 30, 2025, we had a net loss $77,978, which consisted of general and administrative costs of $101,829 offset by, Interest
earned on marketable securities held in Trust Account of $23,851.

17

Factors That May
Adversely Affect our Results of Operations

Our results of operations
and our ability to complete an initial Business Combination may be adversely affected by various factors that could cause economic uncertainty
and volatility in the financial markets, many of which are beyond our control. Our results of operations and our ability to consummate
an initial Business Combination could be impacted by, among other things, downturns in the financial markets or in economic conditions,
increases in oil prices, inflation, fluctuations in interest rates, increases in tariffs, supply chain disruptions, declines in consumer
confidence and spending, public health considerations, and geopolitical instability, such as the military conflicts in Ukraine and the
Middle East. We cannot at this time predict the likelihood of one or more of the above events, their duration or magnitude or the extent
to which they may negatively impact our business and our ability to complete an initial Business Combination. 

Liquidity and Capital Resources

Until the consummation of the Initial Public Offering,
our only source of liquidity was an initial purchase of shares of Class B ordinary shares, par value $0.0001 per share, by the Sponsor
and loans from the Sponsor.

Subsequent to the quarterly period covered by
this Quarterly Report on Form 10-Q, on September 29