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Share: The SPAC Deal: SmartRent announced a SPAC merger with Fifth Wall Acquisition Corp I (NASDAQ: FWAA) valuing the company at $2.2 billion. There are no SPAC warrants involved in the deal, which means less dilution to shareholders later on. Founder shares are being given a three-year lockup to ensure the long-term investment in the company. Existing shareholders will have a six-month lockup on their shares. Investors in the company include Starwood Capital, Lennar Corporation (NYSE: LEN), Invitation Homes and Koch Real Estate. Current Fifth Wall Acquisition I shareholders will own 15.9% of the new company after the merger. About SmartRent: SmartRent is a leader in smart home technology for the global residential real estate market. The company offers an internet of things operating system for residential property owners, managers, homebuilding, home buyers and residents to lower costs. 

Wall acquisition corpLennar corporationStarwood capitalInvitation homesKoch realAttack recapRumors and headlineFifth wallசுவர் கையகப்படுத்தல் கார்ப்லென்னார் நிறுவனம்ஸ்டார்வுட் மூலதனம்அழைப்பு வீடுகள்தாக்குதல் ரீக்யாப்வதந்திகள் மற்றும் தலைப்புஐந்தாவது சுவர்