Name | Value |
---|---|
Revenues | 0.0K |
Cost of Revenue | 329.1K |
Gross Profit | -329.1K |
Operating Expense | 364.8K |
Operating I/L | -364.8K |
Other Income/Expense | 167.2K |
Interest Income | 167.2K |
Pretax | -197.6K |
Income Tax Expense | 20.3K |
Net Income/Loss | -217.9K |
Fortune Rise Acquisition Corporation is a blank check company that does not have significant operations. It aims to merge, acquire assets, or reorganize with one or more businesses. The company generates revenue through the successful completion of business combinations, where it acquires or merges with operating businesses to create value for its shareholders.