IPO for SPAC Fifth Wall Acquisition Corp I (FWAA) Opens at $11.27

February 5, 2021 1:04 PM EST

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

Today's IPO for SPAC Fifth Wall Acquisition Corp I (NASDAQ: FWAA) opened for trading at $11.27 after pricing 30,000,000 shares of Class A Common Stock at a price of $10.00 per share.

Goldman Sachs & Co. LLC and Deutsche Bank Securities are acting as joint book-running managers for the offering.

Fifth Wall Acquisition Corp. I is a newly formed blank check company incorporated for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (the "Business Combination"). While the Company may pursue an acquisition opportunity in any industry, sector or geographical location, it intends to focus on industries that complement its management team's background, and to capitalize on the ability of its management team to identify and acquire a technology business focusing on verticals of the real estate industry, as well as the adjacent industries that collectively make up the human-made environment that provides the setting for human activity, ranging in scale from buildings to cities and beyond, which the Company calls the "Built World."



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

IPOs, SPAC

Related Entities

Deutsche Bank, Goldman Sachs, Definitive Agreement, IPO