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AI brief of an SEC Form 8-K · Forefront Tech Holdings Acquisition Corp (FTHA)

Forefront Tech Holdings closes $100 million IPO of 10 million units on May 1, 2026

Neutral Impact 3 of 5 financing Written later

Forefront Tech Holdings Acquisition Corp, a blank check company, closed its initial public offering of 10,000,000 units at $10.00 per unit on May 1, 2026, generating $100 million in gross proceeds, plus $3.7 million from a concurrent private placement of 370,000 units. The company placed $100.3 million in a trust account, which will be returned to public shareholders if no business combination is completed within 18 months.

Key points

  • IPO of 10,000,000 units at $10.00 per unit, generating $100,000,000 in gross proceeds on May 1, 2026
  • Private placement of 370,000 units at $10.00 per unit, generating $3,700,000, sold to the sponsor Next Lion Sponsor Holdings LLC and BTIG, LLC
  • $100,300,000 ($10.03 per unit) placed in the trust account; the company has 18 months from the IPO closing to complete a business combination
  • Audited balance sheet as of May 1, 2026 shows cash of $1,385,346 and total shareholders' deficit of $1,788,915

The filing

CompanyForefront Tech Holdings Acquisition Corp (FTHA)
Form8-K, current report
Filed with the SECMay 7, 2026, 5:10 PM ET
Accession number0001213900-26-053418

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.