Company research
Fortune Rise Acquisition Corp
CIK 1849294Updated Sep 24, 2026
Securities
FRLA price & chart
Historical security
This listing closed Jan 27, 2025. Live provider charts are shown only for current listings.
In the news
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Recent filings
15-12G filing
25 filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
RW filing
425 filing
Show 5 more recent filings
Financials
FY 2023 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 34,970,714Source | 102,143,840Source | 100,740,981Source |
| Current assets: | |||
| Cash and Cash Equivalents, at Carrying ValueUSD | 12,910Source | 172,314Source | 847,171Source |
| Assets, CurrentUSD | 119,568Source | 201,314Source | 1,034,671Source |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 9,184,936Source | 4,915,881Source | 3,465,413Source |
| Stockholders’ equity: | |||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source |
| Additional Paid in CapitalUSD | — | 0Source | 0Source |
| Retained Earnings (Accumulated Deficit)USD | -9,097,067Source | -4,332,048Source | -2,429,742Source |
| Stockholders' Equity Attributable to ParentUSD | -9,096,757Source | -4,331,738Source | -2,429,432Source |
| Liabilities and EquityUSD | 34,970,714Source | 102,143,840Source | 100,740,981Source |
| Current liabilities: | |||
| Liabilities, CurrentUSD | 5,763,686Source | 1,410,907Source | 44,163Source |
cash flow · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -351,705Source | -47,609Source | -132,164Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Deferred Income Tax Expense (Benefit)USD | -83,724Source | 83,724Source | 0Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -3,186,843Source | -689,068Source | -276,811Source |
| Cash flows from investing activities: | |||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 69,434,064Source | -769,539Source | -99,705,000Source |
| Cash flows from financing activities: | |||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -66,406,625Source | 783,750Source | 100,828,982Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -159,404Source | -674,857Source | 847,171Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 12,910Source | 172,314Source | 847,171Source |
| Supplemental disclosure of cash flow information: | |||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 0Source | — | — |
| Income Taxes Paid, NetUSD | 865,024Source | — | — |
| Additional Financial Items | |||
| Income Tax Expense (Benefit)USD | 496,250Source | 355,070Source | 0Source |
| Investment Income, InterestUSD | 2,342,684Source | 1,466,677Source | 1,310Source |
| Net Income (Loss) Attributable to ParentUSD | -351,705Source | -47,609Source | -132,164Source |
| Operating Costs and ExpensesUSD | 2,060,089Source | 959,457Source | 97,513Source |
| Payments to Acquire InvestmentsUSD | 2,007,565Source | 977,500Source | 99,705,000Source |
| Proceeds from Issuance of Common StockUSD | — | 0Source | 25,000Source |
income statement · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Operating Income (Loss)USD | -2,198,139Source | -1,159,216Source | -133,474Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 144,545Source | 307,461Source | -132,164Source |
| Income Tax Expense (Benefit)USD | 496,250Source | 355,070Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -351,705Source | -47,609Source | -132,164Source |
| Additional Financial Items | |||
| Investment Income, InterestUSD | 2,342,684Source | 1,466,677Source | 1,310Source |
| Operating Costs and ExpensesUSD | 2,060,089Source | 959,457Source | 97,513Source |