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Business Wire
1 month ago
Fortress Value Acquisition Corp. V Announces Closing of Fully-Exercised Over-Allotment Option in Connection with its Initial Public Offering
NEW YORK--(BUSINESS WIRE)--Fortress Value Acquisition Corp. V (NASDAQ: FVAV) (www.fortressvalueac5.com) (the “Company”), today announced that the underwriter, pursuant to the terms of the underwriting agreement, exercised in full its previously announced option to purchase up to 3,750,000 newly issued Class A ordinary shares to cover over-allotments, generating additional gross proceeds of $37,500,000. Following the full exercise of the over-allotment option, the total aggregate issuance by the.
