Fortune Rise Acquisition (FRLA) announced the termination of its Business Combination Agreement with Water On Demand, Inc. and its subsequent liquidation. The mutual termination was executed on December 9, 2024. As FRLA did not make the required monthly extension deposit on December 5, 2024, the company will cease operations and…
Lorraine McGowen Partner New York Lorraine brings 30+ years of legal experience in bankruptcies, out-of-court restructurings, sovereign debt restructurings and creditors’ rights controversies. She interfaces with auditors, government regulators, investment bankers and others, and develops and implements mediation and litigation strategies, and negotiates reorganization plans and complex corporate and finance documents. She…
Fortune Rise Acquisition Corporation Announces Termination of Business Combination Agreement with Water On Demand, Inc. and Subsequent Liquidation AccessWire Read the original article here