Fortress Value Acquisition Corp. V closes IPO of 25M shares at $10.00, raises $250M

Fortress Value Acquisition Corp. V

Closed IPO of 25M Class A shares at $10.00, gross proceeds $250M; over-allotment option for 3.75M shares.
Simultaneous private placement of 200K Class A shares to sponsor at $10.00, generating $2M.
Total of $250M placed in trust account; audited balance sheet as of Feb 27, 2026 filed as Exhibit 99.1.
Cash held outside trust: $1.56M; total assets $251.6M; shareholders' deficit reflects accumulated deficit.

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