Forefront Tech Holdings Acquisition, a blank check company targeting blockchain-enabled AI, digital trade identities, and robotics, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.
The Grand Cayman, Cayman Islands-based company plans to raise $100 million by offering 10 million units at a price of $10. Each unit contains one share of common stock and one-half of one warrant exercisable at $11.50.
Forefront Tech Holdings Acquisition is led by CEO and Chairman Peter Bilitsch, who previously served as the CEO of Mobiv Acquisition, which merged with electric motorcycle producer SRIVARU Holding (Nasdaq: SVMH; -99% from $10 offer price). He is joined by CFO Muk Siew Peng, who previously served as a partner of the Financial Advisory Services team of Deloitte & Touche. The SPAC intends to target businesses in the technology sector, with an emphasis on blockchain-enabled artificial intelligence, digital trade identities and robotics.
The Grand Cayman, Cayman Islands-based company was founded in 2025 and plans to list on the Nasdaq under the symbol FTHAU. Forefront Tech Holdings Acquisition filed confidentially on December 12, 2025. BTIG is the sole bookrunner on the deal.
