Fortress Value Acquisition Corp. III
FVT-UN
New York Stock Exchange10.03
USD
- -
- -
CIK
0001824434
Return %
Stock
S&P500
1Y
1.42
26.53
3Y
-5.91
76.60
5Y
-5.91
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.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1345 Avenue of the Americas New York City NY United States of America 10105
- IPO Date
- Jan 5, 2021
- CIK
- 0001824434
- Website
- fortressvalueac3.com
- Similar Companies
- Business
- Fortress Value Acquisition Corp. III (NYSE: FVT-UN) is a blank check company sponsored by affiliates of Fortress Investment Group that intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company offers no current products or services beyond its special purpose acquisition structure, consisting of public shares, units, and warrants; it focuses on identifying targets across any industry, sector, or geography. Incorporated in 2020 and headquartered in New York, New York, it conducts no significant operations and generates no revenue pending completion of an initial business combination. In recent developments, the company pursued shareholder approval in late 2022 to accelerate liquidation ahead of its original January 2023 deadline due to challenges in securing a suitable merger target after reviewing nearly 60 prospects; the NYSE suspended trading in its warrants (FVT WS) that October and commenced delisting while allowing shares and units to continue. Approximately $231 million was held in trust for redemption at about $10.04 per public share post-expenses, with no business combination ultimately completed as of the latest available data through 2025. The entity remains in a post-IPO holding pattern with minimal institutional ownership changes and no reported new strategic alliances, funding, acquisitions, or operational shifts in the past 1-2 years.