Fortress Value Acquisition Corp
FVIV-WT
New York Stock Exchange0.00
USD
+0.00
- -
CIK
0001828183
Return %
Stock
S&P500
1Y
- -
18.21
3Y
- -
64.38
5Y
- -
72.43
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.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001828183
- Similar Companies
- Business
- Fortress Value Acquisition Corp. IV (FVIV-WT) operates as a blank check company whose principal activity focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company offers redeemable units consisting of one share of Class A common stock and one-eighth of one redeemable warrant, with shares and warrants tradable separately on the New York Stock Exchange under the symbols FVIV and FVIV WS, respectively; it holds cash in trust for potential redemptions by public shareholders pending completion of an initial business combination. Fortress Value Acquisition Corp. IV targets opportunities across various industries without current operations beyond its search for a suitable target; its sponsor, Fortress Value Acquisition Sponsor IV LLC, an affiliate of Fortress Investment Group, provides strategic support. The company, incorporated in 2020, maintains its headquarters at 1345 Avenue of the Americas, New York, New York. It conducts no geographic operations beyond its U.S.-based activities and has no subsidiaries or parent company relationships disclosed. Fortress Value Acquisition Corp. IV raised $600 million in its initial public offering in March 2021, with underwriters including Deutsche Bank Securities, BofA Securities, and PJT Partners. In a major development, shareholders approved amendments in November 2022 to accelerate liquidation, redeeming all outstanding Class A common shares at approximately $10.07 per share on or around November 30, 2022, from trust assets of about $653.7 million after taxes and expenses; this followed failure to identify and complete a business combination by the extended deadline prior to March 18, 2023, rendering warrants worthless upon redemption. The NYSE suspended trading in the warrants (FVIV WS) in October 2022 due to abnormally low prices and delisted them thereafter. No subsequent mergers, acquisitions, funding rounds, or operational changes have occurred, with the entity now defunct post-liquidation.