Fifth Wall Acquisition III closed its IPO of 27.5 million Class A ordinary shares, which trade on the Nasdaq under FWAC.
Deutsche Bank Securities, Goldman Sachs & Co. LLC and BofA Securities are acting as joint book-running managers for the offering. The underwriters partially exercised their option to purchase an additional 2.5 million shares, leaving 1.25 million shares available under the option.
The SPAC’s acquisition focus is on verticals within the real estate sector. Read more.
