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Fortress Value Acquisition Corp. III announced that starting February 25, 2021, holders of its initial public offering units (23,000,000) can separately trade shares of Class A common stock and warrants. The Class A shares will trade under the symbol ‘FVT,’ while warrants will trade as ‘FVT WS.’ Units that remain unseparated will continue to trade under ‘FVT.U.’ No fractional warrants will be issued. This announcement does not constitute an offer to sell or solicit securities and the offering was made exclusively via a prospectus.
Fortress Value Acquisition Corp. III announced its initial public offering (IPO) pricing of 20 million units at $10.00 each, set to trade on the NYSE under the symbol “FVT.U” starting January 5, 2021. Each unit includes one share of Class A common stock and one-fifth of a redeemable warrant, with whole warrants priced at $11.50 per share. Underwriters for the offering are Deutsche Bank Securities Inc. and BofA Securities, Inc. The SEC declared the related registration statement effective as of January 4, 2021. Forward-looking statements caution that the offering and use of proceeds may vary.
