Fortress Value Acquisition Corp. II

Fortress Value Acquisition Corp. II

FAII
Fortress Value Acquisition Corp. IIUS flagNew York Stock Exchange
10.28
USD
+0.54
- -
2.13BMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

FRC

in mil. unless spec.
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Growth Rates

FRC

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Quarterly Revenue

FRC

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Quarterly Earnings Per Share

FRC

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Quarterly Dividends Per Share

FRC

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Company Description

APIChat
CEO
Andrew A. McKnight
Sector
Financial Services
Industry
Shell Companies
Address
1345 Avenue of the Americas New York City NY United States of America
IPO Date
Oct 2, 2020
Business
Fortress Value Acquisition Corp. II (FAII) is a blank check company sponsored by Fortress Credit, a business of Fortress Investment Group LLC, with no significant operations. The company, incorporated in 2020 and headquartered in New York, New York, focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, primarily targeting opportunities that benefit from hands-on investment and operational expertise; it raised $345 million in its initial public offering on August 12, 2020, via 34.5 million units on the New York Stock Exchange. In June 2021, FAII completed a definitive business combination with ATI Physical Therapy, pursuant to which approximately 26% of Class A common stockholders redeemed shares totaling $89.9 million, the transaction closed on June 16, 2021, following stockholder approval on June 15, 2021, and the combined entity began trading as ATI Physical Therapy, Inc. (ATIP) and ATIP WS on the NYSE on June 17, 2021, valuing the deal at approximately $2.5 billion with $345 million in cash and a $300 million PIPE financing. The company, now potentially delisted or inactive as a standalone SPAC post-merger, operates within the special purpose acquisition company sector targeting global opportunities, particularly in healthcare as demonstrated by the ATI transaction spanning the US and Canada.

Company News

APIChat
  • Pomerantz LLP and Levi & Korsinsky, LLP Announce Proposed Class Action Settlement on Behalf of Purchasers of Fortress Value Acquisition Corp. II ("FVAC") or ATI Physical Therapy, Inc. Common Stock or Certain Holders of FVAC Common Stock

  • ATI Physical Therapy INVESTIGATION CONTINUED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of ATI Physical Therapy, Inc. f/k/a Fortress Value Acquisition Corp. II - ATIP

  • ATI PHYSICAL THERAPY INVESTIGATION CONTINUED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of ATI Physical Therapy, Inc. f/k/a Fortress Value Acquisition Corp. II - ATIP

  • ATIP FINAL DEADLINE: HAGENS BERMAN, NATIONAL TRIAL ATTOREYS, Encourages ATI Physical Therapy (ATIP/FAII) Investors with $100k+ Losses to Contact Firm's Attorneys Now, Securities Fraud Class Action Pending

  • ATIP FINAL DEADLINE: HAGENS BERMAN, NATIONAL TRIAL ATTOREYS, Encourages ATI Physical Therapy (ATIP/FAII) Investors with $100k+ Losses to Contact Firm's Attorneys Now, Securities Fraud Class Action Pending

  • ATIP; FAII Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Shareholders With Losses Exceeding $100K of ATI Physical Therapy, Inc. Class Action and Lead Deadline: October 15, 2021

  • HAGENS BERMAN, NATIONAL TRIAL ATTOREYS, Encourages ATI Physical Therapy (ATIP/FAII) Investors with $100k+ Losses to Contact Firm's Attorneys Now, OCT. 15TH LEAD PLAINTIFF DEADLINE in Securities Class Action

  • HAGENS BERMAN Encourages ATI Physical Therapy (ATIP/FAII) Investors with $100K+ Losses to Contact Firm's Attorneys, FINAL DEADLINE APPROACHING in Securities Fraud Lawsuit

  • HAGENS BERMAN Encourages ATI Physical Therapy (ATIP/FAII) Investors with $100K+ Losses to Contact Firm's Attorneys, FINAL DEADLINE APPROACHING in Securities Fraud Lawsuit

  • HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages ATI Physical Therapy (ATIP/FAII) Investors with $100K+ Losses to Contact Firm's Attorneys Now, Securities Fraud Lawsuit Filed

  • ATI Physical Therapy and Fortress Value Acquisition Corp. II Announce Approval of All Proposals at Special Meeting of Stockholders

  • 7 Upcoming SPAC Mergers to Avoid

  • Fortress Value Acquisition Corp. II Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing October 2, 2020

  • U.S. IPO Weekly Recap: Coronavirus Vaccine Developer CureVac Pops 249% In A 4-IPO Week