Here are the 10-Q quarterly reports from Fortress Value Acquisition Corp. V (FVAV) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FVAV and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FVAV filings page.
Fortress Value Acquisition Corp. V (FVAV), a blank-check company, continued searching for a business combination; as of September 30, 2026, it had not identified a target and held $293,516,854 in its Trust Account and $835,487 in cash outside it, with a $2.9 million working capital deficit. Management expects sufficient liquidity for working-capital needs for at least one year from issuance; certain payables are expected to be deferred until a combination closes or the Combination Period ends in February 2028 without extension.
For the three months ended September 30, 2026, FVAV recorded a $211,499 net loss: $2,863,587 of formation, general and administrative expenses were partly offset by $2,652,088 in interest and dividend income. For the nine months ended September 30, 2026, it reported $2,299,173 net income, reflecting $6,016,854 in interest and dividend income, $3,754,431 in expenses and $36,750 in income from the over-allotment option’s fair-value change. It will not generate operating revenue until after a business combination, at the earliest. Its IPO raised $250.0 million from 25,000,000 public shares at $10.00 each; the full over-allotment added $37.5 million from 3,750,000 shares. A $15,812,500 deferred underwriting discount is payable only if a business combination is completed.
Fortress Value Acquisition Corp. V is a Cayman Islands special purpose acquisition company formed to complete a merger or similar Business Combination. It completed its IPO and over-allotment in early 2026 and remains in the pre-acquisition stage.
As of June 30, 2026, it held $290.9 million in a U.S. Treasury-invested Trust Account, corresponding to 28,750,000 Class A public shares that are redeemable at $10.12 per share. Total assets were $292.2 million, almost entirely the trust, while shareholders’ deficit was driven by redeemable share classification and offering costs.
For the quarter, net income was $1.7 million, and for the first half of 2026 net income was $2.5 million, primarily from interest and dividend income on trust investments versus modest formation, general and administrative expenses. Cash outside the trust was $0.9 million, with a small working capital deficit and $15.8 million of deferred underwriting commissions payable only upon a successful Business Combination. Management states available liquidity is sufficient for at least one year while it pursues a target within the 24–27 month combination window.
Fortress Value Acquisition Corp. V, a blank check company, reports its first quarter as a public SPAC with total assets of $289.8 million, mainly investments in a Trust Account. The Trust holds $288.3 million, reflecting 28,750,000 Class A shares at a redemption value of $10.03 per share.
For the three months ended March 31 2026, the company recorded net income of $0.8 million, driven by $0.8 million of interest and dividend income on Trust investments and a small gain on the over-allotment option, partly offset by $56,687 of formation, general and administrative costs. Cash outside the Trust was $1.1 million with working capital of about $0.8 million to fund deal search and operating needs.
The SPAC has 28,950,000 Class A ordinary shares and 7,187,500 Class B founder shares outstanding as of April 27 2026. It has up to 24–27 months from its IPO closing to complete a Business Combination, after which public shareholders are entitled to redeem their shares for cash from the Trust if no deal is completed.