Wall Street strategist Tom Lee is stepping into the blank-check arena. His new venture, FutureCrest Acquisition, has filed to raise up to $250 million through an initial public offering, with plans to pursue acquisitions in artificial intelligence, digital finance, and other high-growth industries.
According to its SEC filing, FutureCrest intends to sell 25 million units at $10 each. Every unit will include one share of common stock and a quarter-warrant that can be exercised at $11.50 per share. The company has applied to list on Nasdaq under the ticker FCRSU, with Cantor Fitzgerald serving as the sole bookrunner.
Who’s Behind It
Lee, well known for his bold calls on Bitcoin and equities, co-founded research firm Fundstrat Global Advisors and serves as CIO of Fundstrat Capital. His resume also includes launching the Fundstrat Granny Shots ETF (GRNY) last year.
He is joined by Chi Tsang, who will serve as CFO. Tsang is the founder of venture firm m1720 and previously led HSBC’s technology, media, and telecom investment banking in the Asia-Pacific region.
FutureCrest’s prospectus points to sectors where the team has both expertise and connections: AI, digital assets, fintech, infrastructure, robotics, and communications. The filing also highlights growth opportunities in business intelligence, productivity tools, and digital health, reflecting areas that continue to attract investor capital.
Why It Matters
The filing shows how SPACs — after cooling in 2022–23 — are again being positioned as vehicles to capture innovation-led growth. Lee’s reputation as both a market forecaster and crypto advocate gives FutureCrest a higher profile than most new blank-check launches.
FutureCrest initially filed confidentially with regulators in August 2025. With the IPO now public, the company will look to raise its war chest and begin the search for a suitable target.
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Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/bitcoin-bull-tom-lee-files-for-ipo-to-target-ai-crypto-and-robotics/