Tag: launch

New York, NY, June 08, 2026 (GLOBE NEWSWIRE) -- FutureCorp Space Acquisition 1 (the “Company”) announced today the closing of its initial public offering of 23,000,000 units, which includes 3,000,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $230,000,000. The Company’s units began trading on June 5, 2026 on The New York Stock Exchange (“NYSE”) under the ticker symbol “FTRAU.” Each unit consists of one Class A ordinary share of the Company and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of $11.50 per share, subject to certain adjustment. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on NYSE under the symbols “FTRA” and “FTRAW,” respectively. Of the proceeds received from the consummation of the initial public offering (including the exercise of the over-allotment option) and a simultaneous private placement of warrants, $230,000,000 (or $10.00 per unit sold in the offering) was placed in trust.

MONACO, June 08, 2026 (GLOBE NEWSWIRE) -- With the focus on World Oceans Day, Yacht Club de Monaco has an update on the initiatives it implements throughout the year to support the environmental transition in the yachting sector. Driven by the forward-looking vision of HSH Prince Albert II of Monaco, under the aegis of its ‘Monaco, Capital of Advanced Yachting’ approach, these actions are based on one simple conviction: that the sector’s future depends on concrete, measurable and collective solutions. At the heart of its strategy is the SEA Index^® which has established itself as the benchmark tool for assessing and improving the environmental performance of yachts.