secwatch.observer — SEC 8-K summary
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Issuer:     SmartRent, Inc. (SMRT)
CIK:        0001837014
Form:       8-K/A
Filed at:   2021-08-31T23:59:59+00:00
Accession:  0001193125-21-262120
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.01, 1.01, 5.06, 3.02, 2.02, 3.03, 5.03, 4.01, 5.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SmartRent completes SPAC merger with Fifth Wall Acquisition; begins trading on NYSE under SMRT
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- Business combination closed Aug 24, 2021; Legacy SmartRent became wholly owned subsidiary of SmartRent, Inc.
- Legacy SmartRent stockholders received ~4.8846 shares of new Class A common stock per share of Legacy SmartRent common stock.
- PIPE investment of $155M (15.5M shares at $10.00) consummated; total shares outstanding approximately 193.7M after giving effect to redemptions.
- Only $2,460 redeemed from trust (246 shares at ~$10.00); remaining ~$345M in trust used to fund the combination.
- Common stock began trading on NYSE under symbol SMRT on Aug 25, 2021; beneficial ownership table corrected via this amendment (scrivener's errors).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837014/000119312521262120/0001193125-21-262120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837014/000119312521262120/d398984d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-262120

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer