Fortress Capital Nets $11M Private Placement to Bring Total Raise to $400M

Fortress Capital Acquisition

Fortress Capital Acquisition in its latest filing disclosed the private placement of warrants that generated an additional $11 million for the SPAC on top of its $350 million IPO last week and the underwriters’ exercise of over-allotment options.

The SPAC plans to focus on financial services companies, including services and technology businesses that provide support to the sector. Read more.

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