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Vivint Smart Home (Mosaic Acquisition) Priced, NYSE: VVNT.XX

Blank check company formed by Fortress and the Executive Chairman of Spectrum Brands (completed 1/17/2020).

Industry: SPAC

First Day Return: +1.5%

We are a newly incorporated blank check company and have not identified any business combination or target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. We intend to capitalize on the ability of our management team and sponsor Fortress Credit to identify, acquire and operate a business that may provide opportunities for attractive risk-adjusted returns. We intend to identify and acquire a business that could benefit from a hands-on owner with extensive investment and operational expertise. We believe that the network of contacts and relationships of our management team and sponsor will provide us with an important source of acquisition opportunities. In addition, given our profile and thematic approach, we anticipate that target business candidates may be brought to our attention from various unaffiliated sources, including investment market participants, private equity groups, investment banking firms, consultants, accounting firms and large business enterprises.
IPO Data
IPO Date 10/18/2017
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $300
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2017
Employees at IPO 0
Website www.mosaicac.com

Vivint Smart Home (Mosaic Acquisition) (VVNT.XX) Performance

Created with Highcharts 10.3.2Chart context menuVVNT.XX vs. IPO Index (IPOUSA)Jan '18Jul '18Jan '19Jul '19Jan '20Jul '20Jan '21Jul '21Jan '22Jul '22Jan '23Jul '23Jan '24Jul '24Jan '250%+ 100%+ 200%-100%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index