Sponsor acquires 200,000 Fortress Value Class A shares
Fortress Value Acquisition Sponsor V LLC, a 10% owner of Fortress Value Acquisition Corp. V, acquired 200,000 Class A ordinary shares at $10.00 per share in a private placement, for an aggregate purchase price of $2,000,000.
Rhea-AI Filing Summary
Fortress Value Acquisition Sponsor V LLC, a 10% owner of Fortress Value Acquisition Corp. V, acquired 200,000 Class A ordinary shares at $10.00 per share in a private placement, for an aggregate purchase price of $2,000,000. This acquisition occurred simultaneously with the company’s initial public offering, leaving the sponsor with 200,000 Class A shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 200,000 shares
Grant/Award
1 txn
Insider
Fortress Value Acquisition Sponsor V LLC
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares, par value $0.0001 per share | 200,000 | $10.00 | $2.00M |
Holdings After Transaction:
Class A Ordinary Shares, par value $0.0001 per share — 200,000 shares (Direct)
Footnotes (1)
- F1. Simultaneously with the consummation of the initial public offering of the Issuer, Fortress Value Acquisition Sponsor V LLC (the "Sponsor") acquired from the Issuer, at a price of $10.00 per share, 200,000 Class A ordinary shares, par value $0.0001 per share, of the Issuer ("Class A Shares") in a private placement for an aggregate purchase price of $2,000,000.
FAQ
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What insider transaction did FVAV disclose on this Form 4?
Fortress Value Acquisition Sponsor V LLC acquired 200,000 Class A ordinary shares of Fortress Value Acquisition Corp. V in a private placement, paying $10.00 per share for a total of $2,000,000. The shares are held directly by the sponsor entity.
AI-generated analysis. How Rhea-AI works. Not financial advice.