{"url_path":"/sec/fxac/8-k/2026-06-01/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-01","source_url":"https://www.sec.gov/Archives/edgar/data/2121703/0001829126-26-005831-index.html","accession_number":"0001829126-26-005831","cik":"0002121703","ticker":"FXAC","issuer_name":"FortuneX Acquisition Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/2121703/0001829126-26-005831-index.html","primary_entity_key":"0002121703","primary_entity_name":"FortuneX Acquisition Corp"},"word_count":270,"has_tables":true,"body_markdown":"**Item\n5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of\nCertain Officers.**\n\n \n\nEffective May 19, 2026, in\nconnection with the effectiveness of the Company’s Registration Statement, Becky Fallon, Sean Michael Deegan, and Robert Labbe became\nmembers of the board of directors (the “Board”) of the Company.\n\n \n\nThe Board has determined that\neach of Becky Fallon, Sean Michael Deegan, and Robert Labbe qualify as an independent director under the applicable listing standards\nof the Nasdaq Global Market (“Nasdaq”) and under the rules and regulations of the Securities and Exchange Commission under\nthe Securities Exchange Act of 1934, as amended (the “Exchange Act”).\n\n \n\nBecky Fallon, Sean Michael\nDeegan, and Robert Labbe serve as members of the Company’s audit committee, corporate governance and nominating committee and compensation\ncommittee. Sean Michael Deegan serves as chairperson of the audit committee, Daniel M. McCabe serves as chairperson of the corporate governance\nand nominating committee, and Becky Fallon serves as chairperson of the compensation committee. Sean Michael Deegan qualifies as an “audit\ncommittee financial expert” as that term is defined in Item 407(d)(5) of Regulation S-K under the Exchange Act.\n\n \n\nThe directors will be reimbursed\nfor any out-of-pocket expenses incurred in connection with activities on the Company’s behalf such as identifying potential target\nbusinesses and performing due diligence on suitable business combinations.\n\n \n\nOther than the foregoing,\nnone of the directors is party to any arrangement or understanding with any person pursuant to which they were appointed as directors,\nnor is any director party to any transaction required to be disclosed under Item 404(a) of Regulation S-K involving the Company."}