{"url_path":"/sec/fcrs/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/2074697/0001213900-26-057501-index.html","accession_number":"0001213900-26-057501","cik":"0002074697","ticker":"FCRS","issuer_name":"FutureCrest Acquisition Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2074697/0001213900-26-057501-index.html","primary_entity_key":"0002074697","primary_entity_name":"FutureCrest Acquisition Corp."},"word_count":366,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities\nand Use of Proceeds.\n\n \n\nOn September 29, 2025, we consummated the initial\npublic offering of 28,750,000 Units, including 3,750,000 Units issued as a result of the full exercise by the underwriters of their over-allotment\noption, at $10.00 per Unit, generating gross proceeds of $287,500,000. Cantor acted as sole book-running manager of the Initial Public\nOffering. The securities in the offering were registered under the Securities Act on registration statement on Form S-1 (No. 333-290088).\nThe Securities and Exchange Commission declared the registration statements effective on September 25, 2025.\n\n \n\nSimultaneously with the closing of the Initial\nPublic Offering, the Sponsor and Cantor Fitzgerald & Co. pursuant to written agreements, purchased an aggregate of 3,500,000\nPrivate Placement Warrants (whether or not the underwriters’ overallotment option is exercised in full), each exercisable to purchase\none Class A ordinary share at $11.50 per share, at a price of $2.00 per warrant, or $7,000,000 in the aggregate, in a private placement.\nOf those 3,500,000 Private Placement Warrants, the Sponsor purchased 2,250,000 Private Placement Warrants and Cantor Fitzgerald &\nCo. purchased 1,250,000 Private Placement Warrants. Each whole warrant entitles the registered holder to purchase one Class A ordinary\nshare at a price of $11.50 per share, subject to adjustment. The issuance of the Private Placement Warrants was made pursuant to the exemption\nfrom registration contained in Section 4(a)(2) of the Securities Act.\n\n \n\nThe Private Placement Warrants are identical to\nthe warrants underlying the Units sold in the Initial Public Offering, except that the Private Placement Warrants are not transferable,\nassignable or salable until after the completion of a Business Combination, subject to certain limited exceptions.\n\n \n\nOf the gross proceeds received from the Initial\nPublic Offering and the proceeds of the sale of the Private Placement Warrants, an aggregate of $287,500,000 was placed in the Trust Account.\n\n \n\nWe paid a total of $17,861,874, consisting of\n$5,000,000 of cash underwriting fee, $12,250,000 of deferred underwriting fee, and $611,874 of other offering costs.\n\n \n\nFor a description of the use of the proceeds generated\nin our Initial Public Offering, see Part I, Item 2 of this Form 10-Q.\n\n \n\nPurchases of Equity Securities by the Issuer\nand Affiliated Purchasers\n\n \n\nNone."}