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Fortress Capital Acquisition Priced, NYSE: FCAX.U

Blank check company formed by Fortress targeting financial services (liquidated).

Industry: SPAC

First Day Return: +7.8%

Industry: SPAC

We are a newly organized blank check company incorporated on August 27, 2020 as a Cayman Islands Limited Company and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. While we may pursue an acquisition in any industry, sector or geographic region, we intend to concentrate our efforts on businesses in the financial services sector including, but not limited to, services and technology businesses that provide support to the financial services sector. We plan to leverage the experience and expertise of our management team and the broader Fortress platform to identify, acquire and operate a business that may generate attractive risk-adjusted returns. We intend to identify and acquire a business that could benefit from a hands-on owner with extensive investment and capital markets expertise and that presents potential for an attractive risk-adjusted return profile under our stewardship.
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IPO Data
IPO File Date 12/23/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 35.0
Deal Size ($mm) $350
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/12/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $350
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees at IPO 4
Website www.fortress.com

Fortress Capital Acquisition (FCAX.U) Performance