Fortune Rise Acquisition Corp. nominates Progressive Water Treatment as merger target

Fortune Rise Acquisition Corporation and OriginClear's subsidiary Water On Demand amended their letter of intent to nominate Progressive Water Treatment Inc. as the new target for acquisition by FRLA. The deal is non-binding and subject to further negotiations.

“Progressive Water Treatment is a target with both a lengthy operating history and significantly increased revenue since 2021.”originclear.com

• 2 sources
• originclear.comIn Amended Letter Of Intent, OriginClear’s Water On Demand and Fortune Rise Acquisition Corporation Nominate A New Target For Merger - OriginClearSep 28, 2023
• sec.govOct 24, 2023

Summarized from public sources; check the original articles before acting on it.