For Q1 FY2026 ended March 31, 2026, FutureCrest reported net income of $1,683,227, despite an operating loss of $869,407. The company had cash of $719,758 and negative equity of $12,107,185. No revenue or diluted EPS were reported.
•Net income of $1,683,227, operating loss of $869,407.
•Cash of $719,758; negative equity of $12,107,185.
•No revenue or diluted EPS reported.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
FutureCrest Acquisition does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2025 and is based in New York, New York.
What does FutureCrest Acquisition Corp. (FCRS) do?
FutureCrest Acquisition Corp. is a blank check company, also known as a special purpose acquisition company (SPAC), that currently has no significant operations. Its primary business purpose is to identify and complete a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2025 and is based in New York, New York. As a shell company, it does not produce any products or services of its own but serves as a vehicle to take a private company public through a merger.
Where is FutureCrest Acquisition Corp. (FCRS) listed and in which currency?
FutureCrest Acquisition Corp. is listed on the New York Stock Exchange (NYSE) under the ticker symbol FCRS. The company's financials are reported in US Dollars (USD), which is the standard currency for companies listed on US exchanges. Being listed on the NYSE provides the company with access to a broad base of institutional and retail investors in the United States and globally.
What sector and industry does FutureCrest Acquisition Corp. (FCRS) belong to?
FutureCrest Acquisition Corp. operates in the Financial Services sector and is classified under the Shell Companies industry. Shell companies are entities that have no active business operations or significant assets. They are often formed to raise capital through an initial public offering (IPO) with the intention of acquiring or merging with an existing operating business. In this case, FutureCrest Acquisition Corp. is a SPAC that will search for a target company to combine with, thereby taking that company public.
Where is FutureCrest Acquisition Corp. (FCRS) headquartered and what markets does it serve?
FutureCrest Acquisition Corp. is headquartered in New York, New York, United States. As a SPAC, it does not currently serve any specific markets or have a customer base. Its primary focus is on identifying a suitable target business for a combination, which could be in any industry or geographic region. The company's location in New York places it in a major financial hub, providing access to capital markets, investment banks, and potential acquisition targets.