Forefront Tech SPAC Raises $100M in IPO

Forefront Tech Holdings Acquisition Corp completed a $100 million IPO, issuing 10 million units at $10 each on NASDAQ.
Each unit includes one Class A share and half a warrant, with full warrants exercisable at $11.50 per share.
Underwriters have a 45‑day option for up to 1.5 million additional units at the IPO price to cover over‑allotments.
Proceeds will fund the SPAC’s initial business combination targeting blockchain AI, digital trade IDs and robotics, plus working capital.