Futurewave Acquisition Corporation Prices Initial Public Offering

NEW YORK, June 25, 2026 (GLOBE NEWSWIRE) -- Futurewave Acquisition Corporation, a blank check company incorporated in the Cayman Islands (the “Company”), today announced the pricing of its initial public offering (“IPO”) of 7,500,000 units at an offering price of $10.00 per unit, with each unit consisting of one ordinary share, one redeemable warrant, and one right. Each warrant entitles the holder thereof to purchase one ordinary share at a price of $11.50 per share, subject to adjustments. Each right entitles the holder thereof to receive one-fourth (1/4) of one ordinary share upon the consummation of the Company’s initial business combination. The units are expected to trade on The Nasdaq Global Market (“Nasdaq”) under the ticker symbol “FWACU” beginning today, June 25, 2026. The Company expects the IPO to close on June 26, 2026, subject to customary closing conditions. Once the securities comprising the units begin separate trading, the ordinary shares, rights and the warrants are expected to be traded on Nasdaq under the symbols “FWAC,” “FWACR” and “FWACW,” respectively.