Fortune Rise Acquisition (FRLAU) Stock Price, News & Analysis

Company Overview

Fortune Rise Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Clearwater, Florida.

Key Stats

• Today's Range: $11.33 to $11.33
• 50-Day Range: $11.33 to $11.33
• 52-Week Range: $10.95 to $12.29
• Volume: N/A
• Average Volume: 1,800 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

FRLAU Stock Analysis - Frequently Asked Questions

When did Fortune Rise Acquisition IPO?

Fortune Rise Acquisition (FRLAU) raised $85 million in an initial public offering (IPO) on Wednesday, November 3rd 2021. The company issued 8,500,000 shares at $10.00 per share. Tiger Brokers and EF Hutton (A division of Benchmark Investments) served as the underwriters for the IPO.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Financial Services
• Industry: Shell Companies
• Sub-Industry: Trading
• Current Symbol: NASDAQ:FRLAU
• CIK: 1849294
• Web: N/A
• Phone: 727-440-4603
• Fax: N/A
• Employees: 2,021
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A