FVAV SEC filings, in plain English
Everything Fortress Value Acquisition V has filed with the SEC that we hold — 30 filings, newest first, 28 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
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What changed: A Schedule 13G/A compliance filing attaching two Power of Attorney exhibits executed by The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC. This filing does not alter Fortress Value Acquisition V’s redemptions, trust balance, extension timeline, or deal status. It exclusively updates internal reporting delegations. The exhibits appoint seventeen named individuals—including Sadhiya Raffique, Santosh Vinayagamoorthy, D Guru Prasad, Tobi Amusan, Akash Keshari, Papa Lette, Andrzej Szyszka, Rahail Patel, Taiki Misu, Regina Chan, Abhilasha Bareja, Veronica Mupazviriwo, Sam Prashanth, Ameen Soetan, Abhishek Vishwanathan, Elizabeth Novak, and Matthew Pomfret—as attorneys-in-fact to submit Rule 13f-1 or Regulation 13D-G filings under the Securities Exchange Act of 1934. These authorities supersede powers originally granted on July 16, 2025, remain valid through July 8, 2027 (Group) and July 2, 2027 (Co. LLC), terminate early upon an individual’s departure or role change, and are governed by New York law. Both instruments were executed on July 8, 2026, and July 2, 2026, and signed by Scott Kilpatrick and Carey Ziegler. The document contains zero assertions regarding customer bases, revenue streams, addressable markets, commercial strategy, intellectual property, strategic alliances, active litigation, or leadership transitions. Attributing all statements to the filers, the text consists solely of corporate grant language without operational or financial claims. Why it matters: Shareholders tracking the February 26, 2028 redemption window, the per-share trust composition, or potential business combination deadlines will find no procedural or substantive shift originating from this submission. It merely reflects routine administrative turnover in Goldman Sachs’ securities reporting chain, carrying no direct consequence for public shareholder liquidity rights, trustee fiduciary actions, or sponsorship conduct.
What changed: Quarterly Report (Form 10-Q) for Fortress Value Acquisition Corp. V for the period ended June 30, 2026, the company's first 10-Q since its February 2026 IPO. The trust account, funded with $287.5 million from the IPO and over-allotment, held $290.9 million as of June 30, 2026 (redemption value of $10.12 per share). The company had $0.9 million cash outside trust and a working capital deficit of $0.1 million. Net income of $2.5 million for the six months came entirely from interest on trust assets. No business combination target has been announced; the company is still searching. The sponsor sold 30,000 founder shares to an independent director in May 2026. The underwriter's over-allotment option was exercised in full in March 2026. Why it matters: This filing provides the first post-IPO financial snapshot, confirming the trust account size, per-share redemption value, and cash burn rate. It shows the company remains in the search phase with no definitive agreement, and the trust value has increased slightly due to interest income. Shareholders evaluating redemption options will note the $10.12 per-share trust value. The working capital deficit and reliance on sponsor loans for expenses are also noteworthy.
What changed vs 2026-04-30trust $288.3M → $290.9M +1%trust account, redeemable shares1 moved · 1 with no prior record of ours
- Trust account
- $288.3M$290.9M
- Redeemable shares
- 28.8M · unchanged
SpacBrain reads this as $2,585,876 was added to the trust between the two filings.
The clause …“income in the unaudited condensed statements of operations. The Company had $ 290.9 million and no investments held in the Trust Account as of June 30, 2026 and December 31, 2025, respectively. Offering costs Offering costs consisted”…
The clause …“December 31, 2025, respectively; 200,000 issued and outstanding (excluding 28,750,000 shares subject to possible redemption) as of June 30, 2026 20 Class B ordinary shares, $ 0.0001 par value; 20,000,000 shares authorized as of June”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: A Form 8-K current report and routine compliance exhibit disclosing a director appointment, committee reassignments, and associated legal and compensatory arrangements. Under Item 5.02, the Board appointed Karen Park as a director effective May 27, 2026. Following the appointment, both the Audit Committee and the Compensation Committee consist of Tripp Jones and Ms. Park. The registrant executed an indemnification agreement and joinders to the letter agreement and registration rights agreement dated February 25, 2026. Ms. Park will receive 30,000 founder shares from sponsor Fortress Value Acquisition Sponsor V LLC. The filing contains no amendments to the trust account, no statements on redemption windows, no extension proposals, and no update on business combination progress, meaning the publicly established February 26, 2028 deadline remains unchanged. Why it matters: For investors tracking sponsor conduct and deal readiness, this filing confirms standard governance documentation was updated and adds a new independent member to two critical oversight committees. According to the registrant, Ms. Park is 52 years old, a partner at Zukerman Gore Brandeis & Crossman, LLP in New York, possesses over 16 years of experience in private equity, fund investing, and liquidating portfolio companies, and previously founded a firm specializing in corporate bankruptcy and operational wind downs. The Company also notes she holds a B.A. from the University of Waterloo, a J.D. from the University of Toronto, and an M.B.A. from Columbia Business School, with no familial or contractual arrangements tying her to existing directors or officers beyond the disclosed filings. Director compensation originates solely from the sponsor, leaving public trust value intact. Absent any target-specific disclosures, tender offers, or shareholder meeting notices, governance shifts remain isolated to board composition without altering redemption mechanics or extension parameters.
What changed: SEC Form 4 insider ownership report. The filing reports 'No non-derivative transactions or holdings reported' for Fortress Value Acquisition Sponsor V LLC, which the document identifies as a '10% owner'. No equity purchases, sales, or derivative exercises occurred during the reporting window, leaving the sponsor’s tracked stake static and providing no new signals regarding redemption floor positioning, extension voting behavior, or capital deployment tied to a business combination. Why it matters: For investors tracking the 2028-02-26 deadline and the stated $10 per share trust, this zero-activity disclosure confirms the sponsor did not rotate shares ahead of potential shareholder milestones, eliminating transaction-driven timing risk around redemption windows or merger approvals. The document contains no substantive claims regarding customer bases, revenue metrics, market sizing, strategic roadmaps, technology capabilities, partnership frameworks, litigation posture, or executive personnel.
What changed: A Form 3 initial statement of beneficial ownership filed by director Park Karen Sunhyon. The filing discloses zero non-derivative transactions and zero reported holdings for the reporting person on the filing date, indicating no movement in tracked insider equity positions. Why it matters: The document contains no information regarding Fortress Value Acquisition V's target search, trust composition, redemption calendar, extension mechanics, or sponsor conduct. With zero disclosed financial figures, operational claims, strategic objectives, or partnership announcements attributed to any party, the filing carries no substantive update beyond confirming baseline compliance with Section 16 reporting rules.
What changed: Joint Acquisition Statement pursuant to Rule 13d-1(k) attached to a Schedule 13G filing, serving as a procedural acknowledgment that Empyrean Capital Partners, LP and Amos Meron will jointly submit future amendments and bear shared liability for accuracy and timeliness. No mechanical shifts are reported. The filing does not disclose beneficial ownership percentages, cost basis, acquisition dates, or any activity related to redemption windows, trust disbursements, extension proposals, or target integration. It merely confirms continued joint reporting status as of May 15, 2026, signed by Chief Compliance Officer Jennifer Norman and Amos Meron. Why it matters: For shareholders monitoring FVAV’s search timeline, cash preservation mechanics, or sponsor fiduciary conduct, this exhibit contains no actionable intelligence. Routine regulatory compliance documents do not alter redemption parameters, shift trust allocation mechanisms, or signal merger negotiations. Investors seeking material developments should await definitive agreements, preliminary proxy statements, or amendment filings reflecting actual position changes or transaction milestones.
What changed: Joint Acquisition Statement (Exhibit 99.1) attached to a Schedule 13G beneficial ownership filing. No SPAC mechanics, redemption calendar adjustments, trust valuation changes, extension triggers, or sponsor conduct shifts are contained in this text. The document consists solely of standard regulatory language confirming that Adage Capital Management, L.P., Robert Atchinson, and Phillip Gross execute a joint filing obligation under Rule 13d-1(k), with each party separately accountable for the accuracy and timeliness of their own submitted data. Why it matters: As a procedural compliance attachment, this exhibit does not advance FVAV’s search status, indicate deal progress, or reveal shareholder concentration thresholds capable of influencing redemption behavior. The filing implies the named holders collectively meet or exceed the 5% reporting threshold, but the attached text omits the security amount, percentage of class, voting/dispositive power breakdown, and stated purpose of acquisition that typically drive investor analysis. No claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel are present. The only numerical references are the filing date (May 13, 2026) and the rule citation; no other figures appear. Investors tracking cash preservation, extension windows, or target validation should await the primary Schedule 13G body, proxy statements, or FVAV press releases.
What changed: A Schedule 13G compliance submission containing two attached Power of Attorney exhibits executed by The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC, formally designating named individuals as attorneys-in-fact to sign Rule 13f-1 and Regulation 13D-G beneficial ownership filings on the firms’ behalf. Nothing alters the SPAC’s redemption deadline, trust composition, extension framework, business combination trajectory, or sponsor behavior. The filing makes no reference to Fortress Value Acquisition V’s February 26, 2028 termination date, the stated $10 per share trust balance, or the ongoing SEARCHING phase. It exclusively updates internal signing authority for regulatory submissions, noting via the attached exhibits that it supersedes earlier authorizations dated July 29, 2024, and October 1, 2024. Why it matters: This is a routine administrative compliance attachment with no operative impact on capital markets activity, shareholder redemption rights, or merger negotiations. The filing simply confirms Goldman Sachs maintains current, unilaterally revocable authorizations for designated personnel to execute mandatory SEC ownership disclosures. No claims, figures, or strategic statements regarding customer relationships, revenue, market positioning, technology, partnerships, litigation, or external personnel decisions are presented, meaning it provides zero actionable intelligence for tracking redemption windows, trust accounting, or deal progression.
What changed: A Schedule 13G beneficial ownership report filed on 2026-05-07 under Commission access number [0001213900-26-053423], identifying Fortress Value Acquisition Sponsor V LLC as the reporting holder. The filing excerpt contains only a form designation, submission date, access identifier, and sponsor entity name. It discloses no adjustments to the February 26, 2028 business combination deadline, provides no revision to the trust account balance or per-share value (the prompt header references $10 but the filing text itself includes no monetary figures), records no extension proposals, announces no target acquisition, and offers no commentary on sponsor conduct. No mechanical parameters governing redemptions, extensions, or deal progression are altered or referenced by the filing. Why it matters: Schedule 13G submissions function as passive ownership disclosures to satisfy regulatory thresholds and confirm that Fortress Value Acquisition Sponsor V LLC maintains a registrable stake in FVAV without signaling an attempt to exercise control. For investors monitoring the SEARCHING phase, the filing verifies sponsor registration status but does not advance the transaction timeline or modify redemption mechanics. Because the excerpt contains no commercial claims, revenue projections, market sizing, strategic directives, technology validations, partnership announcements, litigation references, or personnel updates, it serves exclusively as administrative positioning data. Participants tracking the path to a business combination should await subsequent filings containing merger targets, amendment proposals, or detailed share-count transitions that would materially impact trust deployment or shareholder redemption windows.
What changed: Quarterly report (Form 10-Q) for the period ended March 31, 2026, filed by Fortress Value Acquisition Corp. V, a blank-check SPAC that completed its initial public offering on February 27, 2026. The company completed its IPO and over-allotment, raising gross proceeds of $287.5 million and placing funds in trust; first quarterly results show net income of $0.8 million from trust interest; no business combination has been identified or announced. Why it matters: This is the first financial report post-IPO, establishing the trust value ($288.3M, ~$10.03 per share) and confirming the combination deadline (24 months from IPO, i.e., February 2028). It confirms no deal progress, no changes to sponsor terms, and provides updated working capital ($0.8M outside trust).
What changed: A Form 8-K current report and attached press release announcing the closing of a fully-exercised over-allotment option in connection with the company's initial public offering. According to the registrant's March 9, 2026 filing, Deutsche Bank Securities Inc. acted as sole underwriter to fully exercise its option to purchase 3,750,000 Class A ordinary shares, generating approximately $37,500,000 in gross proceeds. Following this exercise, the registrant states the total aggregate issuance stands at 28,750,000 Class A ordinary shares at a price of $10.00 per share, resulting in $287,500,000 in gross proceeds. The filing reports that cash held in the trust account totals $287,500,000, comprised of the net proceeds from the sale of the 28,750,000 Class A Ordinary Shares, $250,000 of the proceeds from the sale of 200,000 private placement shares to Fortress Value Acquisition Sponsor V LLC, and deferred underwriting commissions equal to $15,812,500. The company notes the original IPO consummated on February 27, 2026, selling 25,000,000 shares at $10.00 per share for $250,000,000 in gross proceeds, alongside private placement proceeds of approximately $2,000,000. Trading commenced on the Nasdaq Global Market on February 26, 2026, following a registration statement effective February 25, 2026. Why it matters: The full exercise of the over-allotment confirms final trust liquidity available to identify and complete a business combination prior to the stated redemption deadline, removing ambiguity around sponsor-funded trust contributions. It indicates strong underwriting demand during the February listing window. The document does not announce a target acquisition, modify the SEARCHING status, or alter the corporate timeline, focusing exclusively on post-IPO capitalization adjustments.
What changed: A Form 8-K Current Report announcing the consummation of the initial public offering and private placement, accompanied by an audited balance sheet and detailed notes outlining the SPAC's post-IPO financial position, governance structure, and redemption mechanics. Per the filing, on February 27, 2026, Fortress Value Acquisition Corp. V completed its IPO of 25,000,000 Class A ordinary shares at $10.00 per share. A total of $250,000,000—comprised of $249,750,000 from IPO proceeds (including $13,750,000 in underwriter deferred discount) and $250,000 from the private placement—was deposited into a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company. The underwriter retains a 45-day option to purchase up to 3,750,000 over-allotment shares. The Company defined its Combination Period as 24 months from closing, automatically extending to 27 months if a letter of intent, agreement in principle, or definitive agreement is executed within the first 24 months. Public shareholders maintain redemption rights to a pro rata portion of the $250,000,000 trust balance plus permitted interest releases. The Sponsor purchased 200,000 private placement shares for approximately $2,000,000 and initially holds 7,187,500 Class B founder shares, with 937,500 subject to forfeiture if the over-allotment is not fully exercised. Deferred underwriting commissions are locked at $13,750,000 ($15,812,500 if the over-allotment is exercised in full). Why it matters: This filing establishes the baseline trust value, redemption timeline, and sponsor alignment parameters that govern FVAV until a target is identified. According to the Company's notes, public shareholders may redeem shares at a meeting or via tender offer, with redemptions calculated two business days prior to consummation. The filing states management must pursue an initial business combination with a fair market value of at least 80% of the net assets in the Trust Account (excluding deferred underwriting discounts) at signing. Permitted working capital withdrawals from trust interest are capped at $500,000 annually, restricted to $125,000 during the three-month window beginning 24 months post-closing. If the Company fails to close within the Combination Period, the Sponsor agreed to waive liquidation rights for founder and private shares, while the underwriter waives its deferred commission claims, leaving all $250,000,000 (plus residual interest) available for public redemptions minus up to $100,000 in dissolution expenses. The Sponsor also accepted liability to indemnify the Trust Account against third-party service or product claims. On the strategic side, the filing notes management intends to leverage the broader Fortress platform to acquire targets across any geography or industry. Financially, the audited balance sheet reflects $1,556,551 in non-trust cash, $11,868 in prepaid expenses, and a $1,016,879 current liability total including a $359,250 over-allotment option liability valued via Black-Scholes inputs (3.9% risk-free rate, 5.0% expected volatility, 45-day term). Pre-IPO formation and administrative costs totaled $8,529 between January 1, 2026, and February 27, 2026. An independent director received 30,000 founder shares for approximately $100, and the Company entered a $20,000 monthly office space lease with a sponsor affiliate. Audited by CBIZ CPAs P.C. (PCAOB ID:199), the document confirms zero operating revenues to date, indicating all capital deployment decisions remain entirely prospective.
What changed: Schedule 13G beneficial ownership report. Alberta Investment Management Corp filed a Schedule 13G; the provided excerpt lists only the filing type, accession number, date, and holder name, with no share counts, ownership percentages, or acquisition dates included. Why it matters: The filing contains no statements addressing FVAV’s redemption deadline, trust value, extension provisions, business combination status, or sponsor conduct. It makes no claims about customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel. Because the document supplies only basic identification data and omits all numerical thresholds and transactional details, it does not change any known investment mechanics or affect shareholder voting/redemption decisions.
What changed: 8-K filed March 2, 2026 reporting the closing of Fortress Value Acquisition Corp. V's initial public offering: 25,000,000 Class A ordinary shares sold at $10.00 per share for $250,000,000 gross proceeds, simultaneous private placement of 200,000 Class A shares to the sponsor for $2,000,000, related IPO agreements, appointment of Tripp Jones to the board, adoption of amended charter, and deposit of $250,000,000 into the trust account (including $13,750,000 deferred underwriting discount). FVAV completed its IPO and became a funded, publicly traded SPAC. The company entered the underwriting, trust, registration rights, private placement, letter, administrative services and indemnity agreements; issued 200,000 private placement shares to Fortress Value Acquisition Sponsor V LLC at $10.00 per share; appointed Tripp Jones as director and interim chair of the audit and compensation committees; and deposited $250,000,000 of IPO and private placement proceeds into the trust account with Continental Stock Transfer & Trust Company. The charter sets a 24-month completion window from the February 27, 2026 closing, extendable to 27 months if the company has executed a letter of intent, agreement in principle or definitive agreement within 24 months, after which public shareholders can redeem if no business combination is completed. Why it matters: This filing establishes the redemption mechanics and clock for FVAV investors. The trust holds $250,000,000, or $10.00 per public share, and the company's deadline to complete a business combination is 24 months from the February 27, 2026 IPO closing (up to 27 months with a qualifying agreement). Interest from the trust can be released for working capital up to $500,000 per year, with a reduced $125,000 limit in the three-month period beginning 24 months after closing if a deal agreement is in place, plus amounts for taxes; otherwise trust proceeds remain locked until business combination, charter amendment redemption, or liquidation. The underwriter has a 45-day over-allotment option for up to 3,750,000 additional shares, and the sponsor holds 7,187,500 founder shares, of which 30,000 were transferred to director Tripp Jones. The company also represented it had not selected or held substantive discussions with any business combination target as of the IPO.
What changed: A Form 4 insider ownership report (routine regulatory filing) documenting a corporate equity transaction. Per the 2026-02-27 submission, Fortress Value Acquisition Sponsor V LLC, identified by the issuer as a 10% owner, executed a grant/award acquiring 200,000 shares at $10 per share. The filing states the sponsor owns 200,000 shares post-transaction. Why it matters: Regarding your tracked redemption deadlines, trust value, extensions, deal progress, and sponsor conduct, the document leaves the documented $10 trust/share baseline and the 2028-02-26 expiration date entirely unmodified, and registers zero updates on merger negotiations, business combination targets, or extension voting schedules. The equity movement reflects standard sponsor promotor stock issuance during the SEARCHING phase; it reallocates internal founder/equity composition without altering public shareholder redemption mechanics, trust account distributions, or financing conditions available to investors. All share quantities, pricing thresholds, and temporal markers are sourced exclusively from the issuer’s SEC submission and carry no independent market validation.
What changed: IPO prospectus (424B4) for Fortress Value Acquisition Corp. V, a blank check company, filed in connection with its initial public offering of 25,000,000 Class A ordinary shares at $10.00 per share. This is the initial filing for the IPO; there is no prior public market for the shares. The document sets forth the terms of the offering, including trust amount of $10.00 per share, a 24-month (or 27-month if a letter of intent is signed within 24 months) deadline to complete a business combination, redemption rights for public shareholders subject to a 15% aggregate cap, sponsor's founder shares purchased at $0.003 per share, and sponsor's commitment to purchase 200,000 private placement shares at $10.00 per share. The document also confirms that no target has been selected and no substantive discussions have occurred. Why it matters: This filing establishes the baseline for all future redemptions, deadlines, and sponsor conduct. Investors need to understand the trust value ($10.00 per share), the redemption mechanics, and the sponsor's incentives (founder shares at a nominal price create potential conflicts). The document also reveals that the SPAC has not yet identified a target, the extension mechanism, and that the sponsor may receive additional compensation (monthly fees, working capital loans). The 15% redemption cap and the sponsor's ability to amend the letter agreement without shareholder approval are also key conduct points.
What changed: A Form 8-A for the registration of certain classes of securities pursuant to Section 12(b) of the Securities Exchange Act of 1934. No adjustments to redemption calendars, trust account funding levels, extension vote thresholds, business combination execution timelines, or sponsor oversight protocols are disclosed. The filing solely registers Class A ordinary shares, par value $0.0001 per share, for quotation on The Nasdaq Stock Market LLC, incorporating by reference the Form S-1 registration statement (File No. 333-293340) originally filed with the SEC on February 10, 2026. The SPAC’s search phase, capital structure, and liquidation mechanics remain functionally static following this submission. Why it matters: The document contains zero commercial disclosures, customer inventories, revenue projections, addressable-market estimates, proprietary technology descriptions, strategic alliance announcements, pending litigation filings, or management roster changes beyond the certification executed by Chief Financial Officer John Konawalik on February 25, 2026. Despite its administrative character, this registration serves as the definitive market-enablement event that formally opens the shareholder redemption period defined in the incorporated prospectus, permitting public equity holders to demand pro-rata trust distributions absent a completed business combination. Every numerical and identifying datum—including the $0.0001 per share par value, IRS Employer Identification No. 98-1901881, principal office location at 1345 Avenue of the Americas, 46th Floor, New York, New York 10105, and the February 10 and February 25, 2026 chronological markers—is extracted exclusively from the registrant’s official submission, with no calculations, rounding, or extraneous conventions applied.
What changed: A Form 3 routine compliance exhibit—an insider ownership report—submitted for Fortress Value Acquisition Corp. V. The filing records no alterations to the SPAC’s search status, trust account mechanics, or the stated February 26, 2028 initial liquidation deadline. Director Andrew A. McKnight reported having executed zero non-derivative transactions or held record non-derivative positions during the relevant period. Why it matters: As a statutory equity disclosure, the document confirms that the chairman did not directly purchase or sell shares through non-exempt channels. Because the filing contains no narrative or forward-looking statements, no assertions were advanced by the sponsor, management, or board regarding business combination targets, redemption pricing, extension voting mechanics, contractual obligations, revenue models, technology roadmaps, partnership frameworks, or ongoing litigation. The entire assessment derives exclusively from the SEC submission; no external interviews, earnings calls, or third-party reports are referenced.
What changed: A Form 3 — insider ownership report. The filing attributes the reporting person to Fortress Value Acquisition Sponsor V LLC, identified by the issuer as a 10% owner, and explicitly states there are no non-derivative transactions or holdings reported. Consistent with the provided SPAC parameters, the trust value sits at $10 per share and the operational deadline is 2028-02-26. No alterations to sponsor share positions, redemption mechanics, or trust distribution schedules are introduced. Why it matters: For investors tracking the 2028-02-26 deadline and SEARCHING status, the zero-activity disclosure confirms the sponsor has not altered its placement block, leaving standard redemption exposure and extension pathways unaffected. The filing’s explicit attribution of the 10% owner status and absence of trade data establishes a static baseline for sponsor conduct, requiring no immediate adjustments to valuation models or proxy timing until a target acquisition is filed. No new strategic claims, customer data, or partnership announcements appear in this submission.
What changed: A Form 3, which is an initial statement of beneficial ownership filed under Section 16(a) of the Securities Exchange Act to disclose insider equity positions. The SEC filing submitted on 2026-02-25 by Co-Chief Executive Officer Micah B. Kaplan states there are "No non-derivative transactions or holdings reported." This means the executive did not acquire, sell, exercise options for, or initially hold any shares of Fortress Value Acquisition Corp. V during the reporting period. Why it matters: For a SPAC currently in the SEARCHING phase with a statutory redemption and liquidation deadline of 2028-02-26 and a documented trust balance of $10 per share, insider equity movements typically signal whether the sponsor intends to co-invest alongside public shareholders before a merger closes. This Form 3 records zero transactional activity and zero reported equity, indicating that management has not yet allocated personal capital to align with trust reserves or offset potential outflows at the 2028 deadline. The filing does not modify the extension timeline, alter redemption mechanics, advance deal-seeking progress, or reflect any change in sponsor governance conduct. Beyond confirming the Co-CEO’s identity and satisfying routine 16(a) reporting, the document contains no claims regarding customer relationships, revenue streams, addressable market size, corporate strategy, proprietary technology, strategic partnerships, pending litigation, or executive compensation adjustments. All statements regarding the absence of holdings and the lack of substantive commercial disclosures originate solely from the Form 3 submission itself.
What changed: Form 3 — insider ownership report. Per the filing submitted by Stroud Andrew Winston, Co-Chief Executive Officer of Fortress Value Acquisition Corp. V (SEC Filing No. 0001213900-26-020529, filed 2026-02-25), there are 'No non-derivative transactions or holdings reported.' The co-CEO affirmed no alterations to beneficial ownership or derivative securities during this reporting interval. Why it matters: For investors monitoring redemption deadlines, trust mechanics, and sponsor behavior, this routine compliance exhibit confirms the co-CEO's equity posture remains static. The co-CEO's statement directly informs capital-alignment analysis as the SPAC searches ahead of its 2028-02-26 deadline and references a trust/share baseline of $10. Because the co-CEO reports zero transactions, the filing does not mechanically adjust trust distribution math, trigger extension provisions, or accelerate merger milestones. It does, however, establish a verified transparency checkpoint. Subsequent Form 4 filings will determine whether the co-CEO's claimed alignment translates to actual capital deployment or divestment ahead of liquidation triggers.
What changed: A Form 3 initial statement of beneficial ownership, classified as a routine SEC compliance exhibit filed on February 25, 2026, regarding Fortress Value Acquisition Corp. V. The filing reports that no non-derivative transactions or holdings were disclosed by Chief Financial Officer Konawalik John, confirming no alteration in executive equity positions during the sponsor’s active search phase. This provides baseline transparency on sponsor and officer conduct but does not modify the SPAC’s redemption calendar, trust distribution mechanics, extension parameters, or business combination timeline. Why it matters: The document contains no operational disclosures, customer references, revenue forecasts, market size data, strategic initiatives, technology developments, partnership announcements, litigation summaries, or management interviews. Every statement originates exclusively from the reporting person’s statutory attestation rather than from corporate leadership, third-party validation, or transactional evidence. Given the purely administrative nature of the filing and the absence of executive trading activity, the document is not material to redemption or investment decisions. (material: false, confidence: 0.95)
What changed: Form 3 insider ownership report. According to the filing, reporting person Jones Tripp (identified as a director) reported no non-derivative transactions or holdings. Regarding SPAC mechanics—redemption deadlines, trust value per share, extensions, deal progress, and sponsor conduct—the document notes no changes to the 2028-02-26 deadline, the $10 trust account value, any extension proposals, merger negotiations, or sponsor actions. Concerning other substance, the filing contains no claims about customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel beyond confirming Jones Tripp’s director title. Every detail derives solely from the submitted SEC filing text. Why it matters: While procedurally routine, this submission verifies that a named board director currently holds no publicly reportable shares or derivatives, establishing a baseline for assessing insider alignment ahead of the 2028-02-26 redemption horizon. The lack of recorded purchases or sales does not indicate deal momentum, trigger a trust recalibration around the $10 benchmark, or suggest sponsor misconduct. Investors tracking capital allocation, extension votes, or target acquisition timelines should note that this filing neither advances nor delays those calendar milestones.
What changed: A CORRESP correspondence file submitted to the SEC Division of Corporation Finance, functioning as a formal letter from Fortress Value Acquisition Corp. V requesting acceleration of the effective date of its Form S-1 Registration Statement. Chief Financial Officer John Konawalik represents that the Company seeks Commission acceleration of the registration statement to 4:00 p.m. Washington D.C. time on February 25, 2026, or as soon as practicable thereafter. This administrative request does not modify any redemption deadlines, trust share valuation mechanics, extension procedures, deal search progress, or sponsor conduct. The filing invokes Rule 461 under the Securities Act of 1933 and instructs that effectiveness notifications be delivered via telephone to Michael Stein at Weil, Gotshal & Manges LLP at (212) 310-8135, with written confirmation also required. The Company's corporate address is listed as 1345 Avenue of the Americas, 46th Floor New York, NY 10105. Why it matters: The accelerated timeline governs when the Company's initial offering proceeds become legally deployable, which is operationally relevant for an entity in SEARCHING status preparing capital infrastructure ahead of a de-SPAC transaction. No substantive shifts occur regarding the trust account baseline, shareholder liquidation preferences, or the 2028-02-26 contractual termination window. Procedural coordination and legal oversight remain assigned to outside counsel Weil, Gotshal & Manges LLP and Ropes & Gray LLP, alongside attorneys Paul D. Tropp and Christopher J. Capuzzi, per the Company's routing directives.
What changed: This filing is a Securities Act Rule 461 correspondence from representative underwriter Deutsche Bank Securities Inc. to the SEC Division of Corporation Finance, formally requesting acceleration of the effective date of Fortress Value Acquisition Corp. V’s Form S-1 Registration Statement. The document contains no changes to redemption calendar mechanics, trust account administration, extension triggers, or merger deal progress. It reports that Managing Directors Stephane Gruffat and Nick Williams of Deutsche Bank Securities Inc. serve as the underwriting representatives, and identifies Weil, Gotshal & Manges LLP as the Company’s outside counsel. The undersigned advise they intend to distribute the Preliminary Prospectus to reasonably anticipated participants and affirm adherence to Exchange Act Rule 15c2-8. Deal progress remains strictly pre-operational, as the Company continues to seek regulatory clearance to initiate its initial public offering. Why it matters: For investors tracking the SPAC lifecycle, this correspondence confirms the administrative priority is completing the initial capital raise rather than advancing a business combination target. Because the Form S-1 is still pending effectiveness, any future trust account funding, shareholder redemption rights, or extension votes remain untriggered by the filing. The request establishes a procedural milestone: if granted, the registration becomes effective at 4:00 PM, Eastern Time, on February 25, 2026, which would subsequently initiate the period during which public unit proceeds could theoretically fund the trust account. The filing makes no claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel beyond the named legal and banking representatives.
What changed: Registration statement on Form S-1 for initial public offering of Class A ordinary shares of Fortress Value Acquisition Corp. V, a blank check company (SPAC). This is the initial filing of the S-1 registration statement, making the IPO terms public for the first time. The SPAC has not yet identified a target business and has no substantive discussions underway. The trust amount is $10.00 per share, with a 24-month deadline (27 months if a letter of intent is signed within 24 months). The sponsor will purchase 200,000 private placement shares. Public shareholders have redemption rights, subject to a 15% aggregate cap in a shareholder vote scenario. Founder shares are subject to forfeiture if the over-allotment option is not exercised. No warrants or units are being offered. Why it matters: Investors considering this SPAC IPO now have the full prospectus detailing the investment terms, including trust mechanics, redemption rights, sponsor compensation, dilution, and conflict of interest disclosures. The filing confirms that the SPAC is searching for a target and provides the timeline for completion. The absence of warrants and the 15% redemption cap are notable structural features.
What changed: A routine regulatory compliance correspondence and SEC Division of Corporation Finance no-review letter regarding a draft Registration Statement on Form S-1. The SEC announced it will not review the draft S-1 submitted December 23, 2025, while establishing procedural timing rules: any road show (as defined in Rule 433(h)(4)) or requested effective date must occur at least 15 days after publicly filing the registration statement and nonpublic draft submissions. The office reminds management that the company and its leadership bear sole responsibility for disclosure accuracy despite the absence of SEC comments or actions. This communication advances deal progress into the IPO readiness and marketing phase without modifying the existing redemption deadline of 2028-02-26, the per-share trust allocation of $10.00, or any extension provisions, and introduces no alterations to sponsor conduct standards beyond standard administrative guidance. Why it matters: Investors tracking capital-raising velocity, timeline certainty, and regulatory risk should note that bypassing the comment period compresses execution uncertainty but places full legal liability on the corporate team, specifically Co-Chief Executive Officer Micah Kaplan and the Office of Real Estate & Construction. The document contains zero claims regarding customers, revenue, market size, strategy, technology, partnerships, or litigation. Attributed statements originate exclusively from the SEC Division of Corporation Finance, its designated contact David Link, and named officers Micah Kaplan and Michael Stein. Although no new contractual terms were introduced, the filing materially confirms that the sponsor intends to proceed toward a registered public offering under the currently published trust and deadline parameters, making it a substantive indicator of execution intent rather than a purely procedural formality.
What changed: Draft registration statement on Form S-1 for an initial public offering. FVAV filed a confidential draft registration statement to go public as a blank-check company, seeking to raise $250 million ($10/share) by selling 25 million Class A shares without warrants or units. The SPARC-like structure includes a 24-month (extendable to 27-month) deadline, a $10.00/share trust, founder shares bought for ~$0.003/share, 200,000 private placement shares at $10.00, and a 15% per-beneficial-owner redemption cap if a shareholder vote is used. The company has no target and no substantive discussions with any target. Why it matters: This filing establishes the SPAC's full terms, trust mechanics, and sponsor economics. Redemption mechanics, extension rights, and the 15% cap directly affect investor exit liquidity. The $10 trust + founder share nominal cost creates a known dilution pattern. The 24+3 month deadline is a key redemption trigger for calendar management.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.