| SPAC Sponsor, Controlling Persons [Table Text Block] |
The
post-offering ownership percentage column below assumes that the underwriters do not exercise their over-allotment option, that our initial
shareholders surrender and forfeit 500,000 founder shares, and that there are 13,591,333 ordinary shares issued and outstanding after
this offering.
| | |
Before
Offering | | |
After
Offering | |
| Name
and Address of Beneficial Owner(1) | |
Number
of Shares
Beneficially
Owned | | |
Approximate
Percentage
of Outstanding
Ordinary
Shares | | |
Number
of Shares
Beneficially
Owned | | |
Approximate
Percentage
of Outstanding
Ordinary
Shares | |
| Future Wealth
Capital Corp. (2)(3) | |
| 3,333,333 | | |
| 100 | % | |
| 3,566,333 | | |
| 26.24 | % |
| Siyu Li(2)(3) | |
| 3,333,333 | | |
| 100 | % | |
| 3,566,333 | | |
| 26.24 | % |
| Stephen Markscheid | |
| - | | |
| - | | |
| - | | |
| - | |
| Shaoke Li | |
| - | | |
| - | | |
| - | | |
| - | |
| Andy F. Wong | |
| - | | |
| - | | |
| - | | |
| - | |
| Paul Cameron | |
| - | | |
| - | | |
| - | | |
| - | |
| All officers, directors and
director nominees as a group (five individuals)(2)(3) | |
| 3,333,333 | | |
| 100 | % | |
| 3,566,333 | | |
| 26.24 | % |
| (1) | Unless
otherwise noted, the business address of each of the following entities or individuals is
c/o Future Wealth Capital Corp., 475 Brannan St, San Francisco, CA 94107. |
| (2) | Future
Wealth Capital Corp., our sponsor, is the record holder of the shares reported herein. Mr.
Siyu Li is the beneficial owner of the sponsor and has voting and dispositive power over
the shares owned by the sponsor. The business address of Aurora Beacon LLC is at Ritter House,
Wickhams Cay II, PO Box 3170, Road Town, Tortola VG1110, British Virgin Islands. |
| (3) | Assumes
(i) no exercise of the over-allotment option, (ii) an aggregate of 500,000 ordinary shares
have been forfeited by the sponsor as a result thereof; (iii) the purchase by the sponsor
of 233,000 private units; (iv) the issuance of 25,000 representative shares; and (v) a total
of 13,591,333 shares outstanding (including 10,000,000 ordinary shares issued in this offering
as part of the units), 3,333,333 founder shares, 233,000 ordinary shares which are part of
the private units and 25,000 representative shares). |
|
| SPAC Sponsor and Affiliates Information, Restrictions on Sale of SPAC Securities [Table Text Block] |
Pursuant
to a letter agreement to be entered with us, each of our initial shareholders, including our sponsor, and our directors and officers,
has agreed to certain restrictions on such party’s ability to transfer, assign or sell the founder shares and private units to
unaffiliated parties, as summarized in the table below.
| Subject Securities |
|
Expiration
Date |
|
Natural
Persons and Entities
Subject to Restrictions |
|
Exceptions
to Transfer Restrictions |
| Founder shares |
|
|
|
Future Wealth
Capital Corp.
Siyu Li
Stephen Markscheid
Shaoke Li
Andy F. Wong
Paul Cameron
Future Wealth
Capital Corp. Siyu Li Stephen Markscheid Shaoke Li Andy F. Wong Paul Cameron |
|
|
| |
|
|
|
|
|
|
| private units (including the securities underlying
such units) |
|
|
|
Future Wealth Capital Corp. |
|
|
| |
|
|
|
|
|
|
| Any units, rights, ordinary shares or any other securities
convertible into, or exercisable, or exchangeable for, ordinary shares |
|
|
|
Future Wealth Capital Corp. |
|
|
|
| Fiduciary Duties to Other Companies, SPAC Officers and Directors [Table Text Block] |
Below
is a table summarizing the entities to which our officers, directors and director nominees currently have fiduciary duties or contractual
obligations which will take priority over us.
| Individual |
|
Entity |
|
Entity’s
Business |
|
Affiliation/Title |
| Siyu
Li |
|
FutureMoney
Group |
|
Investment |
|
Founder |
| |
|
BTC
Digital Ltd. |
|
Crypto
Asset Technology |
|
Senior
Advisor |
| |
|
|
|
|
|
|
| Stephen
Markscheid |
|
Aerion
Capital |
|
Financial
Services |
|
Managing
Partner |
| |
|
EiB
Fusion |
|
Clean
Energy / Renewable Energy |
|
Chairman |
| |
|
KX
Power |
|
Energy
Storage |
|
Chairman |
| |
|
Starry
Sea Acquisition Corp |
|
Special
Purpose Acquisition Company |
|
Director |
| |
|
Pantages
Capital Acquisition Corporation |
|
Special
Purpose Acquisition Company |
|
Director |
| |
|
Charlton
Aria Acquisition Corp. |
|
Special
Purpose Acquisition Company |
|
Director |
| |
|
Four
Leaf Acquisition Corp. |
|
Special
Purpose Acquisition Company |
|
Director |
| |
|
JinkoSolar
Holding Co., Ltd. |
|
Solar |
|
Director |
| |
|
Richtech
Robotics Inc. |
|
Robotics |
|
Director |
| |
|
ConnectM
Technology Solutions, Inc. |
|
Clean
Energy |
|
Director |
| Shaoke
Li |
|
DT
Cloud Star Acquisition Corporation |
|
Special
Purpose Acquisition Company |
|
Director |
| |
|
|
|
|
|
|
| Andy
F. Wong |
|
N/A |
|
N/A |
|
N/A |
| |
|
|
|
|
|
|
| Paul
Cameron |
|
Greater
Investment Limited. |
|
Investment
Consulting |
|
Chief
Investment Officer |
| |
|
East
Progress Investment Consulting (Beijing) Ltd |
|
Consulting |
|
Principle
Officer |
| |
|
EliteCPA
P.C. |
|
Accounting
Firm |
|
Chairman |
|