Fifth Wall Acquisition Corp. III (BEEP, FWAC) SPAC Profile

Sub-Industry: REAL ESTATE
Target Company: MOBILE INFRASTRUCTURE CORP
Pro Forma Equity Value ($mm): $550.0
Pro Forma Enterprise Value ($mm): $540.0
SPAC Share Symbol: FWAC
Warrant Symbol: —
DeSPAC Share Symbol: BEEP
DeSPAC Share Price: $2.84
Issuer's Counsel: DEBEVOISE PLIMPTON LLP
Underwriter's Counsel: SKADDEN ARPS SLATE MEAGHER FLOM LLP
Book-Runners / Lead Managers: DEUTSCHE BANK SECURITIES GOLDMAN SACHS BOFA SECURITIES INC
Stock Exchange: NYSE
Crescent Term (Y/N): No
Crescent Term Threshold: —
Additional Terms: Limitation on Redemption Rights: 15%Any Residential PropTech deals must be presented to Fifth Wall II first