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Fortress Value Acquisition Corp. IV announced that starting May 6, 2021, investors can separately trade shares of Class A common stock and warrants from the units sold during the Company’s IPO of 65 million units. Class A shares will trade under the symbol FVIV, and warrants under FVIV WS, while unsplit units will remain under FVIV.U. The press release does not offer to sell or solicit offers for the Company's securities, and all transactions will comply with relevant securities laws.
Fortress Value Acquisition Corp. IV announced its initial public offering pricing of 60,000,000 units at $10.00 each, set to trade under the ticker symbol FVIV.U on the New York Stock Exchange starting March 16, 2021. Each unit comprises one Class A common stock share and one-eighth of a redeemable warrant, with the whole warrant allowing for stock purchase at $11.50/share. Underwriters include Deutsche Bank Securities, BofA Securities, and PJT Partners, with a 45-day option for an additional 9,000,000 units to cover over-allotments.