财富起收购公司与Water On Demand的合并失败导致其清算和股票赎回. Fortune Rise Acquisition's merger failure with Water On Demand leads to its liquidation and share redemption.
财富崛起收购公司(FRLA)终止了与WODI-PWT水需求公司(WODI-PWT)的兼并计划,并将进行清算。 Fortune Rise Acquisition Corporation (FRLA) has terminated its merger plans with Water On Demand, Inc. (WODI-PWT) and will liquidate. FRLA未能在最后期限前完成合并,因此需要以每股约11.94美元赎回其所有股份。 FRLA failed to complete its merger by the deadline, triggering the need to redeem all its shares at about $11.94 each. 在支付税款和费用之后,剩余的资金将在公司解散前分配给股东。 After paying off taxes and expenses, the remaining funds will be distributed to shareholders before the company dissolves.