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Fifth Wall Acquisition Corp Iii

6.05

0.00 (0.00%)

Last Update: 25 Aug 2023 23:00:00

Yesterday: 6.05

Day's Range: 0. - 0.

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10.21

Fifth Wall Acquisition Corp III is a special purpose acquisition company (SPAC) that was formed in 2021 by Fifth Wall Ventures, a venture capital firm focused on technology and real estate. The purpose of the SPAC is to raise funds through an initial public offering (IPO) and then use those funds to acquire a private company and take it public.

Fifth Wall Acquisition Corp III raised $345 million in its IPO in March 2021. The company is led by Brendan Wallace and Brad Greiwe, co-founders of Fifth Wall Ventures.

The SPAC is focused on acquiring companies that are transforming the real estate industry through technology. This includes companies involved in proptech, construction tech, and smart cities, among others.

Fifth Wall Acquisition Corp III has not yet announced a target company for its acquisition, but it has two years from the date of its IPO to make a deal. Once a target is identified, the SPAC will undergo a merger or acquisition to take the private company public.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.

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