Fortune Rise Acquisition Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqCM:FRLA Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
16 May 23	SellUS$1,077,426	Saba Capital Management, L.P.	Company		100,600	US$10.71

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of FRLA?
Owner Type	Number of Shares	Ownership Percentage
General Public	407,483	6.5%
Hedge Funds	1,055,274	16.8%
Individual Insiders	2,369,956	37.8%
Institutions	2,439,085	38.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 92.96% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
36.4%	Koon Keung Chan	2,283,750	US$25.6m	0%	no data
10%	Karpus Management Inc	628,174	US$7.0m	-19.7%	0.21%
8.74%	Yakira Capital Management, Inc.	547,938	US$6.1m	0%	2.69%
8.09%	Lighthouse Investment Partners, LLC	507,336	US$5.7m	0%	0.39%
4.74%	Westchester Capital Management, LLC	296,974	US$3.3m	0%	0.18%
4.27%	Mizuho Financial Group, Inc., Asset Management Arm	267,957	US$3.0m	149%	0.01%
3.37%	Fir Tree Capital Management LP	211,416	US$2.4m	-3.83%	0.62%
2.39%	Quarry LP	150,000	US$1.7m	0%	0.92%
2.07%	Clear Street Llc, Asset Management Arm	129,550	US$1.5m	2.63%	0.07%
1.88%	Wolverine Asset Management, LLC	118,016	US$1.3m	-0.08%	0.07%
1.59%	Spring Creek Capital, LLC	100,000	US$1.1m	0%	0.1%
1.49%	Radcliffe Capital Management, L.P.	93,222	US$1.0m	0%	0.25%
1.35%	Saba Capital Management, L.P.	84,824	US$949.6k	0%	0.02%
1.04%	PNC Financial Services Group Inc., Banking Investments	65,000	US$727.7k	0%	no data
1.03%	Jackson National Asset Management, LLC	64,303	US$719.9k	0%	0.01%
0.98%	Accelerate Financial Technologies Inc., Asset Management Arm	61,601	US$689.6k	0%	3.89%
0.53%	Cowen Inc,Private Banking and Investment Banking Investments	33,068	US$370.2k	133%	0.01%
0.5%	Spartan Fund Management Inc.	31,300	US$350.4k	0%	0.38%
0.48%	Ronald Pollack	30,000	US$335.8k	0%	no data
0.43%	K2 & Associates Investment Management Inc.	27,261	US$305.2k	-16.6%	0.18%
0.37%	Lei Huang	23,200	US$259.7k	0%	no data
0.37%	Principal Global Investors, LLC	22,988	US$257.4k	0%	no data
0.32%	Philip Goodman	20,000	US$223.9k	0%	no data
0.28%	Centiva Capital, LP	17,281	US$193.5k	0%	0.01%
0.24%	Meteora Capital, LLC	15,332	US$171.6k	-3.18%	0.04%