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Mingtiandi Username Fifth Wall’s team have invested in scooters and trendy shoes, as well as proptech Proptech investment firm Fifth Wall this past week celebrated the closing of the $345 million IPO for the venture capital firm’s first special purpose acquisition company (SPAC), the built-world-oriented Fifth Wall Acquisition Corp I. Trading on the NASDAQ exchange under ticker symbol FWAA, the SPAC is a blank-cheque company incorporated for the purpose of achieving a future merger, asset acquisition or similar deal. Fifth Wall co-founder and managing partner Brendan Wallace said the initial public offering was increased from the original target of $287.5 million because of “extraordinarily high public market demand”.

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