Company: FCRS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110990
Chunk: 28

Company: FutureCrest Acquisition Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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7 years 
  
    Volatility 
     5.00%
  
    Probability of De-SPAC and implied market adjustment 
     24.10%
  
    Risk-free rate 
     3.84%

15

FUTURECREST ACQUISITION CORP.

NOTES TO CONDENSED FINANCIAL STATEMENT

SEPTEMBER 30, 2025

(Unaudited)

NOTE 9. SEGMENT INFORMATION

ASC Topic 280, “Segment Reporting,”
establishes standards for companies to report in their financial statement information about operating segments, products, services, geographic
areas, and major customers. Operating segments are defined as components of an enterprise for which separate financial information is
available that is regularly evaluated by the Company’s Chief Operating Decision Maker (“CODM”), or group, in deciding
how to allocate resources and assess performance.

The Company’s CODM has been identified as
the Chief Financial Officer, who reviews the assets, operating results, and financial metrics for the Company as a whole to make decisions
about allocating resources. Accordingly, management has determined that the Company only has one reportable segment.

The measure of segment assets is reported on the
balance sheet as total assets. When evaluating the Company’s performance and making key decisions regarding resource allocation,
CODM reviews several key metrics, which include the following:

    September 30,
2025 
  
    Cash held in Trust Account 
    $287,523,851 

    For the 
Three Months 
Ended September 30, 2025  
    For the Period from June 9, 2025 (inception) through September 30, 2025 
  
    General and administrative costs 
    $84,688  
    $101,829 
  
    Interest earned on investments held in Trust Account 
    $23,851  
    $23,851 

NOTE 10. SUBSEQUENT EVENTS

The Company evaluated subsequent events and transactions that occurred
after the balance sheet date through November 14, 2025, the date that the financial statement was issued. Based upon this review, other
than noted below, the Company did not identify any subsequent events that would have required adjustment or disclosure in the financial
statement.

On October 1, 2025, the Company returned $22,500 in full to the
Sponsor.

16

Item 2. Management’s Discussion and Analysis
of Financial Condition and Results of Operations

References in this report