FortuneX Acquisition Corporation and WT Realty Group Inc. Announce Business Combination Agreement

FortuneX Acquisition Corporation (NASDAQ: FXAC) and WT Realty Group Inc. announced a definitive business combination agreement. FortuneX will domesticate to Delaware and become the public holding company (FortuneX Realty Group Holdings Inc.), with WT Realty merging into it as a wholly owned subsidiary. The transaction values WT Realty at approximately $600 million based on 60 million shares at $10 per share reference price. The deal is expected to close in Q1 2027, subject to shareholder approvals and regulatory conditions.