Forefront Tech Holdings Acquisition Corp. (FTHA)Financial Services | Shell Companies | Grand Cayman, Cayman Islands | NasdaqGM
9.97 USD
|
Hot Take ↕ | Aug. 22, 2026, 4:08 a.m. EDT
This shell company presents a catastrophic short-term setup where the price is effectively trapped at its theoretical floor of $9.90, creating zero upside potential while liquidity evaporates with volume barely reaching 0.06% of the average. The balance sheet is insolvent, showing a negative book value and a current ratio of 0.05, indicating severe distress rather than a speculative opportunity. There is no long-term investment case because the entity lacks operational history, revenue growth, or a sustainable business model, rendering any valuation metrics meaningless. Furthermore, there is no dividend history or payout capability, confirming this is a pure capital call vehicle with no income component. |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Market Cap | 174,840,560 |
| Website | https://forefrontacq.com |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.004028201 |
| Address1 | Suite 210, Windward III |
| Address2 | 2nd Floor Regatta Office Park PO Box 500 |
| All Time High | 9.97 |
| All Time Low | 9.9 |
| Ask | 9.95 |
| Ask Size | 4 |
| Average Daily Volume10 Day | 2,870 |
| Average Daily Volume3 Month | 8,897 |
| Average Volume | 8,897 |
| Average Volume10Days | 2,870 |
| Bid | 9.92 |
| Bid Size | 1 |
| Book Value | -0.136 |
| City | Grand Cayman |
| Country | Cayman Islands |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 9.97 |
| Current Ratio | 0.052 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 9.97 |
| Day Low | 9.97 |
| Display Name | Forefront Tech |
| Ebitda Margins | 0.0 |
| Enterprise Value | 135,579,888 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 9.925306 |
| Fifty Day Average Change | 0.044693947 |
| Fifty Day Average Change Percent | 0.0045030294 |
| Fifty Two Week Change Percent | 0.4028201 |
| Fifty Two Week High | 9.97 |
| Fifty Two Week High Change | 0.0 |
| Fifty Two Week High Change Percent | 0.0 |
| Fifty Two Week Low | 9.9 |
| Fifty Two Week Low Change | 0.07000065 |
| Fifty Two Week Low Change Percent | 0.007070773 |
| Fifty Two Week Range | 9.9 - 9.97 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,782,135,000,000 |
| Float Shares | 7,885,035 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.0 |
| Fullday Change Percent | 0.0 |
| Fullday Price | 9.97 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0 |
| Held Percent Institutions | 0.3815 |
| Implied Shares Outstanding | 17,536,666 |
| Industry | Shell Companies |
| Industry Disp | Shell Companies |
| Industry Key | shell-companies |
| Ipo Expected Date | 2,026-06-22 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Forefront Tech Holdings Acquisition Corp. operates as a blank check company. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2025 and is based in Grand Cayman, Cayman Islands. |
| Long Name | Forefront Tech Holdings Acquisition Corp. |
| Market | us_market |
| Market Cap | 174,840,560 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1978223928 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -338,226 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 136,622,230 |
| Open | 9.97 |
| Operating Cashflow | 0 |
| Operating Margins | 0.0 |
| Phone | 345 769 4912 |
| Previous Close | 9.97 |
| Price Hint | 2 |
| Price To Book | -73.30882 |
| Profit Margins | 0.0 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.0 |
| Regular Market Change Percent | 0.0 |
| Regular Market Day High | 9.97 |
| Regular Market Day Low | 9.97 |
| Regular Market Day Range | 9.97 - 9.97 |
| Regular Market Open | 9.97 |
| Regular Market Previous Close | 9.97 |
| Regular Market Price | 9.97 |
| Regular Market Time | 1,787,774,400 |
| Regular Market Volume | 6 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 10,370,000 |
| Shares Percent Shares Out | 0.0001 |
| Shares Short | 1,578 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 598 |
| Short Name | Forefront Tech Holdings Acquisi |
| Short Percent Of Float | 0.0005 |
| Short Ratio | 0.22 |
| Source Interval | 15 |
| Symbol | FTHA |
| Total Cash | 1,042,341 |
| Total Cash Per Share | 0.076 |
| Total Debt | 0 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 9.925306 |
| Two Hundred Day Average Change | 0.044693947 |
| Two Hundred Day Average Change Percent | 0.0045030294 |
| Type Disp | Equity |
| Volume | 6 |
| Website | https://forefrontacq.com |
| Zip | KY1-1106 |