Fifth Wall Acquisition Corp. III
FWAC
NASDAQ Capital Market6.05
USD
-1.87
- -
Fifth Wall Acquisition Corp. III
FWAC
(NASDAQ Capital Market)
Recent
price
6.05
P/E
ratio
- -
div
yld
- -
ROIC.AI
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.- Similar Companies
- Business
- Fifth Wall Acquisition Corp. III (FWAC) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant independent operations beyond pursuing a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination, primarily targeting opportunities in the real estate and proptech sectors; it raised $275 million in its initial public offering in May 2021. Incorporated in 2021 and headquartered in Los Angeles, California, with references to New York operations, FWAC focuses on high-growth businesses aligned with sponsor Fifth Wall's expertise in real estate technology, decarbonization, and built-world infrastructure. The company holds cash in trust for deployment post-combination, with no current products or services beyond its SPAC structure, though it completed a definitive business combination with Mobile Infrastructure Corporation (MIC) in August 2023, delisting FWAC shares from Nasdaq and facilitating MIC's public listing on NYSE American under ticker BEEP. Recent major changes include shareholder approvals for merger extensions in May and August 2023, a $46 million PIPE investment to support deleveraging and corporate purposes, transfer of listing to NYSE ahead of closing, and sponsor alignments such as founder share earn-outs and cancellations to reduce dilution; as of late 2025, FWAC appears delisted with no further active combinations announced, trading references persist at depressed levels around $3-$6 per share amid ongoing SPAC market challenges. FWAC targets institutional investors and real estate-related businesses across the United States, sponsored by an affiliate of Fifth Wall, the largest asset manager in proptech and built-world investments.
Futurewave Acquisition Corporation Announces Closing of Initial Public Offering
Futurewave Acquisition Corporation Prices Initial Public Offering
FIFTH WALL CLOSES OUT STRONG 2023; PROMOTING 10 OF ITS TEAM MEMBERS AND ADDING 14 NEW COMPANIES TO ITS PORTFOLIO
Fifth Wall Acquisition Corp. III Completes Business Combination With Mobile Infrastructure Corporation
Dear FWAC Stock Fans, Mark Your Calendars for Aug. 10
U.S. IPO Weekly Recap And Week Ahead