Fortress Value Acquisition V Shares Quiet as SPAC Deals Continue
Fortress Value Acquisition Corp. V traded near $10.10 Wednesday on low volume, with only 104 shares changing hands and no merger target announced. The SPAC’s market cap stood at about $364 million. Karen Park joined the board last week, receiving 30,000 founder shares. Comparable SPACs also hovered near their $10 offer prices amid a busy blank-check market.