Fifth Wall Acquisition III, the third blank check company formed by Fifth Wall targeting real estate technology, raised $250 million by offering 25 million shares at $10. The company did not offer units with warrants attached. The company is led by CEO and Chairman Brendan Wallace, who is a co-founder and Managing Partner of Fifth Wall Ventures,...read more
The IPO market revved back to life with nine IPOs raising $5.4 billion, joined by crypto exchange Coinbase’s direct listing. SPAC activity continued to decline, with just two raising $700 million. Pipeline activity held steady, with 10 IPOs, six SPACs, and one direct listing submitting initial filings. The first major direct listing on the Nasdaq, ...read more
Fifth Wall Acquisition III, the third blank check company formed by Fifth Wall targeting real estate technology, filed on Friday with the SEC to raise up to $250 million in an initial public offering. The Los Angeles, CA-based company plans to raise $250 million by offering 25 million shares at $10. The company is not offering units with warrants attached. At the proposed deal...read more
Real estate technology SPAC Fifth Wall Acquisition III prices $250 million IPO
Fifth Wall Acquisition III, the third blank check company formed by Fifth Wall targeting real estate technology, raised $250 million by offering 25 million shares at $10. The company did not offer units with warrants attached. The company is led by CEO and Chairman Brendan Wallace, who is a co-founder and Managing Partner of Fifth Wall Ventures,...read more
US IPO Weekly Recap: Coinbase’s direct listing headlines a 9 IPO week
The IPO market revved back to life with nine IPOs raising $5.4 billion, joined by crypto exchange Coinbase’s direct listing. SPAC activity continued to decline, with just two raising $700 million. Pipeline activity held steady, with 10 IPOs, six SPACs, and one direct listing submitting initial filings. The first major direct listing on the Nasdaq, ...read more
Real estate technology SPAC Fifth Wall Acquisition III files for a $250 million IPO
Fifth Wall Acquisition III, the third blank check company formed by Fifth Wall targeting real estate technology, filed on Friday with the SEC to raise up to $250 million in an initial public offering. The Los Angeles, CA-based company plans to raise $250 million by offering 25 million shares at $10. The company is not offering units with warrants attached. At the proposed deal...read more