Forefront Tech Holdings Acquisition Corp Announces Closing of $100,000,000 Initial Public Offering

GRAND CAYMAN, Cayman Islands, May 02, 2026 (GLOBE NEWSWIRE) -- Forefront Tech Holdings Acquisition Corp (NASDAQ: FTHAU) (the “Company”) today announced that it closed its initial public offering (“IPO”) of 10,000,000 units at $10.00 per unit. The gross proceeds from the offering were $100 million before deducting underwriting discounts and estimated offering expenses. The units began trading on The Nasdaq Global Market tier of The Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “FTHAU