FortuneX cuts WT Realty merger consideration to 52.5 million shares from 60 million
FortuneX Acquisition Corp and WT Realty Group amended their September 18, 2026 business combination agreement on October 13, 2026. The amendment reduces the stock payable to WT Realty's stockholders by 7.5 million shares, from 60,000,000 to 52,500,000 PubCo common shares, which lowers the agreed equity value from $600 million to $525 million.
Key points
- Aggregate merger consideration reduced from 60,000,000 to 52,500,000 PubCo common shares
- Agreed equity value of WT Realty reduced from $600 million to $525 million at a $10.00 reference price per share
- Consideration is a fixed share count with no adjustment for cash, debt, working capital, escrow or holdback
- All other terms of the business combination agreement remain in effect
The filing
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 October 14, 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.