Futurewave Acquisition, a blank check company targeting long-term growth potential and defensible market positions, raised $75 million by offering 7.5 million units at $10. Each unit consists of one share of common stock, one warrant exercisable at $11.50, and one right one-fourth of a share at the time of the business combination.
Futurewave Acquisition is led by CEO, CFO, and Chairman Daniel McCabe, who is the founder of his own law practice, Daniel McCabe. His other SPAC, FortuneX Acquisition (FXACU), filed in April 2026 and is targeting businesses in large underpenetrated markets. He also currently sits on the boards of four other SPACs. Three have pending merger agreements (QETA, +17% from $10 offer price; BKHA, +21%; QSEA, +5%).
The New York, NY-based company will trade on the Nasdaq under the symbol FWACU. Polaris Advisory Partners acted as sole bookrunner on the deal.
