Tom Lee-led FutureCrest Acquisition files for IPO, looking to raise $250 million

Odaily Planet Daily reports that FutureCrest Acquisition, a blank check company (SPAC) led by BitMine Chairman Tom Lee, filed documents with the US Securities and Exchange Commission (SEC) on Friday, aiming to raise up to $250 million through an initial public offering (IPO). The company stated it will seek to leverage its management team's expertise in artificial intelligence, digital assets, fintech, infrastructure, robotics, and communications, as well as social capital, while also highlighting opportunities in business intelligence, productivity software, and digital health. (Renaissancecapital)