other material
confidence high
sentiment neutral
materiality 0.50
Fortress Value Acquisition Corp. V closes fully-exercised over-allotment, raising $37.5M
Fortress Value Acquisition Corp. V
- Underwriter exercised full over-allotment option for 3.75M Class A shares at $10.00 each; gross proceeds $37.5M.
- Total IPO shares 28.75M, gross proceeds $287.5M; trust account cash totals $287.5M.
- Private Placement of 200,000 shares to sponsor Fortress Value Acquisition Sponsor V LLC raised $2.0M.
- Shares began trading on Nasdaq Global Market on Feb 26, 2026 under ticker FVAV.