Futurewave Acquisition Corp. (Ticker: FWACU US) is a Cayman Islands-domiciled blank check company formed to pursue an acquisition target, focusing on businesses with enterprise values between $180 million and $1 billion, long-term growth potential and defensible market positions. Futurewave Acquisition is expected to list on Nasdaq on June 25, 2026, after offering 7.5 million units at $10.00 each, raising $75 million.

Each unit consists of one share of stock, one warrant and one right to receive one-fourth of a share at the time of the initial business combination. According to the offering terms, IPO proceeds are intended to support the company’s search for and completion of an initial business combination. Futurewave is a newly organized SPAC with no operating revenue, net income or employees. Daniel McCabe, a lawyer with his own practice, serves as CEO, CFO and chairman, and also leads FortuneX Acquisition, another SPAC. Polaris Advisory Partners, a division of Kingswood, is the sole book-running manager.