Fortress Value Acquisition Corp. III is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Company profile
Ticker
FVTAW, FVTAW
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
FVTAW stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
12 Dec 22
25-NSE
Exchange delisting
30 Nov 22
8-K
Entry into a Material Definitive Agreement
22 Nov 22
10-Q
2022 Q3
Quarterly report
14 Nov 22
DEFA14A
Additional proxy soliciting materials
4 Nov 22
8-K
Other Events
1 Nov 22
DEF 14A
Definitive proxy
1 Nov 22
25-NSE
Exchange delisting
28 Oct 22
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
13 Oct 22
PRE 14A
Preliminary proxy
12 Oct 22
Latest ownership filings
SC 13G/A
Empyrean Capital Partners, LP
14 Feb 23
4
Daniel Bass
30 Nov 22
4
Andrew A. McKnight
30 Nov 22
4
Marc Furstein
30 Nov 22
4
Alexander P Gillette
30 Nov 22
4
Joshua A Pack
30 Nov 22
SC 13G
Saba Capital Management, L.P.
23 Sep 22
SC 13G
Fortress Acquisition Sponsor III LLC
11 Feb 22
SC 13G/A
INTEGRATED CORE STRATEGIES (US) LLC
3 Feb 22
3
Christopher W Haga
28 Dec 21
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | |
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Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 202.88 k | 202.88 k | 202.88 k | 202.88 k | 202.88 k | 202.88 k |
Cash burn (monthly) | (no burn) | 10.03 k | (no burn) | (no burn) | 257.78 k | 496.26 k |
Cash used (since last report) | n/a | 180.07 k | n/a | n/a | 4.63 mm | 8.91 mm |
Cash remaining | n/a | 22.81 k | n/a | n/a | -4.42 mm | -8.71 mm |
Runway (months of cash) | n/a | 2.3 | n/a | n/a | -17.2 | -17.5 |
Institutional ownership, Q3 2022
13F holders | Current |
---|---|
Total holders | 84 |
Opened positions | 8 |
Closed positions | 8 |
Increased positions | 21 |
Reduced positions | 15 |
13F shares | Current |
---|---|
Total value | 275.20 mm |
Total shares | 30.36 mm |
Total puts | 0.00 |
Total calls | 208.51 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Fortress Acquisition Sponsor III | 5.68 mm | $55.45 mm |
Rivernorth Capital Management | 1.61 mm | $9.12 mm |
Saba Capital Management | 1.27 mm | $11.63 mm |
Citadel Advisors | 1.14 mm | $9.92 mm |
Marshall Wace | 1.01 mm | $10.03 mm |
Adage Capital Partners GP, L.L.C. | 1.00 mm | $9.90 mm |
Moore Capital Management | 900.00 k | $7.44 mm |
Aristeia Capital | 833.99 k | $8.14 mm |
Integrated Core Strategies | 790.13 k | $7.72 mm |
Alberta Investment Management | 778.82 k | $6.78 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 Nov 22 | Alexander P Gillette | Class A Common Stock, par value $0.0001 | Sale back to company | Dispose D | No | No | 10.07 | 2,500 | 25.18 k | 0 |
30 Nov 22 | Bass Daniel | Class A Common Stock, par value $0.0001 | Sale back to company | Dispose D | No | No | 10.07 | 4,000 | 40.28 k | 0 |
30 Nov 22 | Pack Joshua A | Class A Common Stock, par value $0.0001 | Sale back to company | Dispose D | No | No | 10.07 | 12,500 | 125.88 k | 0 |
30 Nov 22 | McKnight Andrew A. | Class A Common Stock, par value $0.0001 | Sale back to company | Dispose D | No | No | 10.07 | 30,000 | 302.10 k | 0 |
30 Nov 22 | Marc Furstein | Class A Common Stock, par value $0.0001 | Sale back to company | Dispose D | No | No | 10.07 | 30,000 | 302.10 k | 0 |