Fortune Rise Acquisition extends merger with Water On Demand, expecting to list on Nasdaq
Acquiring Company
Fortune Rise Acquisition
Acquired Company
Water On Demand
Description
Fortune Rise Acquisition has extended its merger with Water On Demand, a provider of decentralized water management solutions and technologies. The business combination agreement was announced with an estimated cash proceeds of approximately $39.6 million, and the combined company is expected to list on the Nasdaq under the new ticker symbol WODI in the second half of 2024.
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Who to call at Fortune Rise Acquisition, and when
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Frequently asked
Who acquired Water On Demand?
Water On Demand was acquired by Fortune Rise Acquisition. The deal was reported on April 9, 2024. Fortune Rise Acquisition is privately held.
When did Fortune Rise Acquisition acquire Water On Demand?
Fortune Rise Acquisition's acquisition of Water On Demand was reported on April 9, 2024. Fortune Rise Acquisition has extended its merger with Water On Demand, a provider of decentralized water management solutions and technologies. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Water On Demand do?
Water On Demand is an investor-funded service offering decentralized water management solutions and technologies to businesses and communities, potentially without the burden of upfront capital expenditures. It is privately held, operating in Water.
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