- CEO
- Andrew James Schwab
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 501 Second Street San Francisco CA United States of America 94107
- IPO Date
- Oct 14, 2020
- Business
- 5:01 Acquisition Corp. (NYSE: FVAM) is a blank check company focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company has not yet identified a specific target industry or geographic focus for its initial business combination. It was formed in 2024 and is headquartered in New York, New York.
Core offerings include standard special purpose acquisition company (SPAC) services such as raising capital through an initial public offering of units, each consisting of one share of Class A ordinary shares and one-half of one redeemable warrant; pursuing de-SPAC transactions; and managing post-merger operations until a suitable target is completed. The company targets businesses across various sectors, primarily in the United States, with potential for international opportunities. No subsidiaries or parent company relationships are currently reported.
In the last 1-2 years, 5:01 Acquisition Corp. completed its initial public offering and listing on the New York Stock Exchange under the ticker FVAM, marking its entry into the public markets as a SPAC seeking merger opportunities. No recent partnerships, acquisitions, funding rounds beyond the IPO, new product launches, or major strategic shifts have been publicly announced. The company continues to operate in the pre-business combination phase without significant operational changes or reorganizations.