Futurewave Acquisition Corporation (Nasdaq: FWAC) ("Futurewave"), a Cayman Islands special purpose acquisition company, and Olympian Group Inc., a Cayman Islands exempted company ("Olympian") today announced that they have entered into a definitive Agreement and Plan of Merger dated September 28, 2026 (the "Merger Agreement").
Upon the closing of the Acquisition Merger, Olympian shareholders will receive an aggregate of 40,000,000 Purchaser ordinary shares, valued at $10.00 per share, based on a Company Net Value of $400,000,000. The Purchaser ordinary shares issued to Olympian’s key founders identified in the Merger Agreement will be Purchaser Class B ordinary shares, and all other shares issued to Olympian shareholders will be Purchaser Class A ordinary shares. Each Purchaser Class A ordinary share will carry one vote, and each Purchaser Class B ordinary share will carry ten votes and be convertible, at the holder’s option, into one Purchaser Class A ordinary share.
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