The company announced the closing of the fully-exercised over-allotment option related to its IPO, increasing gross proceeds and confirming investor demand.

• Fortress Value Acquisition Corp. V announced the closing of the fully-exercised over-allotment option in connection with its Initial Public Offering, generating additional gross proceeds of $37.5 million and incurring related offering costs [N1].

The company benefits from a substantial capital base of $287.5 million held in a trust account, providing financial flexibility to pursue a range of business combination opportunities across geographies and industries. The involvement of the Fortress platform and experienced management team may enhance the ability to identify and acquire businesses with attractive risk-adjusted returns. The fully exercised over-allotment option and private placement demonstrate investor confidence in the IPO and Sponsor commitment.

The company currently has no operating revenues and is dependent on successfully identifying and completing a business combination to generate future value. There is inherent uncertainty and risk in the timing, nature, and success of any potential acquisition. The company incurs ongoing expenses as a public entity without operating cash flow, which may pressure working capital if a business combination is delayed. The Sponsor's liability to indemnify the trust account is limited, and failure to complete a business combination within the prescribed period could result in liquidation and return of funds at or below the IPO price.

As a blank check company, Fortress Value Acquisition Corp. V does not currently possess a traditional economic moat derived from operating assets or competitive advantages. Its value proposition relies on the management team's ability and the broader Fortress platform's expertise to identify and execute an attractive business combination. The trust account structure provides investor protection by segregating IPO proceeds until a business combination is completed or funds are returned. The company's moat, therefore, is contingent on the Sponsor's reputation and execution capabilities rather than proprietary products, services, or market position.

• Business Combination Uncertainty: The company has not identified any target businesses and may not complete a business combination within the required timeframe, which could lead to liquidation and loss of investment value.
• Operating Losses and Expenses: As a public company without operating revenues, the company incurs ongoing expenses related to compliance, due diligence, and administration, which may deplete working capital.
• Sponsor and Management Risks: The company's success depends on the Sponsor's and management team's ability to identify and consummate a suitable business combination. Conflicts of interest and limited Sponsor liability may pose risks.
• Liquidity and Financing Risks: The company may require additional financing to complete a business combination or cover expenses, which could dilute existing shareholders or increase debt.

• Fortress Value Acquisition Corp. V is a blank check company incorporated in the Cayman Islands on November 24, 2025, formed to effect a business combination with one or more unidentified businesses.
• The company completed its Initial Public Offering (IPO) on February 27, 2026, issuing 25 million Class A ordinary shares at $10.00 per share, generating gross proceeds of $250 million before offering costs.
• In March 2026, the underwriter exercised its over-allotment option in full, purchasing 3.75 million additional shares at the IPO price, generating $37.5 million in gross proceeds.
• Concurrently with the IPO, the Sponsor purchased 200,000 Private Placement Shares at $10.00 per share, generating $2 million in gross proceeds.
• Aggregate cash proceeds of $287.5 million from the IPO, over-allotment exercise, and Private Placement were placed in a U.S.-based trust account invested in U.S. government securities or money market funds until the earlier of a business combination or distribution of funds.
• The company is an emerging growth company and is subject to associated risks.
• As of March 31, 2026, the company had current assets of approximately $1.51 million and current liabilities of approximately $0.74 million, resulting in a current ratio of 2.05.
• The company reported net income of approximately $0.79 million for the three months ended March 31, 2026, primarily from interest and dividend income, with minimal expenses.
• The company has no operating revenues as its activities have been limited to searching for a business combination target.
• The Sponsor has agreed to be liable for claims that reduce the trust account funds, subject to certain waivers and limitations.
• The company has an agreement to pay the Sponsor $20,000 per month for office space, utilities, and administrative services, which will cease upon completion of a business combination or liquidation.
• The company may receive working capital loans from the Sponsor or affiliates to finance transaction costs or working capital deficiencies; no such loans were outstanding as of March 31, 2026.
• The company had $1.1 million in cash held outside the trust account as of March 31, 2026, intended for working capital purposes.
• The company’s disclosure controls and procedures were evaluated and concluded to be effective as of March 31, 2026.
• The company does not have any long-term debt or capital lease obligations other than the monthly office space agreement.
• The underwriter is entitled to a deferred underwriting discount of $15.8 million payable from the trust account upon completion of a business combination.
• The company’s Founder Shares will convert into Class A ordinary shares upon consummation of a business combination or earlier at the holder’s option.
• The company’s activities since IPO have been limited to searching for a business combination and related due diligence, with no operating revenues generated.
• The company’s financial figures are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice.
• The company announced the closing of the fully-exercised over-allotment option in connection with its IPO on March 9, 2026.