Fortress Value Acquisition Corp. V: over-allotment exercised, total IPO $287.5 million
Fortress Value Acquisition Corp. V said the underwriter fully exercised its over-allotment option on March 9, 2026, buying 3,750,000 additional Class A ordinary shares for $37.5 million in gross proceeds. The total IPO now stands at 28,750,000 shares and $287.5 million in gross proceeds, with that amount held in the trust account. The filing does not describe a business combination target.
Key points
- Underwriter exercised in full its option for 3,750,000 additional Class A ordinary shares at $10.00 each, or $37.5 million gross, on March 9, 2026.
- Total IPO of 28,750,000 Class A ordinary shares generated $287.5 million in gross proceeds, which began trading on Nasdaq as FVAV on February 26, 2026.
- Trust account cash totals $287.5 million, including $15,812,500 of deferred underwriting commissions.
- Sponsor bought 200,000 private placement shares at $10.00 each, about $2 million, at the IPO closing on February 27, 2026.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 09, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.