Fortress Capital Acquisition Corp.
FCAX-UN
New York Stock Exchange10.13
USD
- -
- -
CIK
0001823733
Return %
Stock
S&P500
1Y
2.93
26.53
3Y
-6.00
76.60
5Y
-6.00
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Daniel Neal Bass
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1345 Avenue of the Americas New York City NY United States of America 10105
- CIK
- 0001823733
- Website
- fortresscapitalac.com
- Similar Companies
- Business
- Fortress Capital Acquisition Corp. (NYSE:FCAX-UN) is a blank check company sponsored by affiliates of Fortress Investment Group that seeks to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting financial services companies including services and technology providers supporting the sector. Incorporated in 2020 and headquartered in New York, the company operates its units—each consisting of one Class A ordinary share and one-fifth of one redeemable warrant—with shares and warrants tradable separately under the symbols FCAX and FCAX WS, respectively; it holds cash in trust for potential redemptions while pursuing targets exhibiting unrecognized value at inflection points. The company raised $350 million in its upsized initial public offering in January 2021, priced at $10.00 per unit, with underwriters Citigroup Global Markets Inc. and Goldman Sachs & Co. LLC leading the transaction. In a prior iteration, Fortress Capital Acquisition Corp. announced the redemption of all outstanding Class A shares effective January 18, 2023, at approximately $10.14 per share net of taxes and expenses, due to failure to complete an initial business combination by the January 15 deadline under its governing documents, leading to delisting from the NYSE and liquidation of operations except for winding up; warrants expired worthless while initial shareholders waived redemption rights on Class B shares. As of late 2025, the entity trades actively around $10.13 per unit with a market capitalization of approximately $507 million, a cash ratio of 0.96 indicating strong liquidity, and no significant operations beyond its SPAC mandate, with recent stock activity showing low volume and a 52-week range of $9.81 to $10.14.