Forefront Tech Holdings Completes $100M SPAC IPO

Forefront Tech Holdings Acquisition Corp completed a $100 million SPAC IPO of 10 million units at $10 each on Nasdaq.
The offering generated gross proceeds of $100 million; underwriters have a 45‑day option to buy up to 1.5 million additional units.
Units include one Class A share and half a warrant, exercisable at $11.50; shares and warrants will trade as FTHA and FTHAW.
Proceeds and concurrent private placements will fund the SPAC’s initial business combination and working capital, targeting blockchain AI, digital identity, and robotics.