Fortune Rise Acquisition Corporation (FRLA)
Fortune Rise Acquisition Corporation operates in the Shell Companies industry of the Financial Services sector, headquartered in Metuchen, NJ, US. The stock last traded at $11.20, up 0.00% on the session, giving a market capitalisation of $36.8M. On trailing twelve-month figures it carries a trailing P/E of -273.17, a net margin of 0.0%. Its beta of 0.01 implies it has historically moved less than the broad market.
Fortune Rise Acquisition Corporation currently lacks substantial business operations. Its primary objective is to execute a strategic business combination, which could involve a merger, an acquisition of assets or stock, a corporate reorganization, or a similar amalgamation, with one or more enterprises. This entity was founded in 2021 and maintains its principal office in Metuchen, New Jersey.
Fortune Rise Acquisition Corporation is most often compared with the following Financial Services names: