Latest revenue
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Net margin
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Price · 5Y
Live market
delayed ≤15 min- Market cap
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- Enterprise value
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- P/E (trailing)
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- Forward P/E
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- P/B
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- Dividend yield
- 0.0%
- 52-wk high
- $10.92
- 52-wk low
- $10.02
- Beta
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- Shares out
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5-year trend
What this company does
FutureCrest Acquisition Corp. is a Cayman Islands blank-check company formed in June 2025 to merge with or acquire an operating business, with a stated focus on AI, fintech, digital assets, robotics, and communications. It has no operations and earns money solely from interest on the $287.5 million IPO proceeds held in trust until it completes a deal. The company must close an initial business combination within 24 months of its September 29, 2025 IPO or return cash to shareholders.
Generated from FCRS's filing dated 2026-03-31
Key risks
- No target identified: $287.5M IPO closed Sept 29, 2025, with only 24 months to consummate a business combination or face liquidation.
- Broad mandate spanning AI, fintech, digital assets, robotics permits acquiring early-stage or financially unstable targets outside management's expertise.
- Shareholder dilution risk: 28.75M warrants (one-quarter per Unit) exercisable at $11.50, plus unlimited extension amendments allowed by charter.
Generated from FCRS's filing dated 2026-03-31
Leverage
Debt / equity
-26.94×
Debt / assets
103.9%
Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | — | — | $1.7M | — | — |
Q3 2025 2025-09-30 | — | — | $-60.8K | — | — |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Blank Checks · SIC 6770
Your notes
Keep private notes on FCRS — thesis, target price, catalysts to watch.
Visible only to you. Never shared. Never used to train AI.
Insider activity
Insider buying
$0
Insider selling
$0
Net activity
+$0
Distinct insiders
1
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value | |
|---|---|---|---|---|---|---|
| 2025-09-29 | Eric Semler Director | Purchase | 500,000 | — | — | |
| 2025-09-29 | Eric Semler Director | Purchasederiv. | 125,000 | — | — |
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns FCRS
Institutional value
$27.5M
Total shares held
3.0M
Distinct holders
13
-43 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | Magnetar Financial LLC | 700.0K | $7.0M | — | New |
| 2 | Hudson Bay Capital Management LP | 643.9K | $6.5M | — | New |
| 3 | T3 Companies, LLC | 547.8K | $5.5M | -472.4K (-46.3%) | Trimmed |
| 4 | DLD Asset Management, LP | 351.5K | $3.5M | +318.1K (+954.4%) | Added |
| 5 | BNP PARIBAS FINANCIAL MARKETS | 117.2K | $1.2M | +13.7K (+13.3%) | Added |
| 6 | Context Capital Management, LLC | 100.0K | $1.0M | +0 (+0.0%) | No change |
| 7 | PICTON MAHONEY ASSET MANAGEMENT | 100.0K | $1.0M | +0 (+0.0%) | No change |
| 8 | JPMORGAN CHASE & CO | 82.6K | $830.8K | +0 (+0.0%) | No change |
| 9 | WOLVERINE ASSET MANAGEMENT LLC | 33.5K | $337.3K | — | New |
| 10 | COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | 30.2K | $303.8K | +0 (+0.0%) | No change |
| 11 | BXM Wealth LLC | 24.9K | $250.4K | +0 (+0.0%) | No change |
| 12 | Mint Tower Capital Management B.V. | 150.0K | $1.5K | +0 (+0.0%) | No change |
| 13 | FNY Investment Advisers, LLC | 148.4K | $1.5K | +17.4K (+13.3%) | Added |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
With $287.5M in trust and an 18-month SPAC clock, what specific targets are in active diligence and at what valuation range?
- 2
Given sponsor economics on 28.75M units, will you commit to no PIPE-driven dilution exceeding 20% at de-SPAC?
- 3
How do you reconcile criterion #4 (free-cash-flow positive targets) with the early-stage AI/robotics universe you're actually scouting?
Refreshed when FCRS files a new report · last from 2026-03-31