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VC Firm Fifth Wall to Launch Proptech SPAC for IPOs

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Fifth Wall Plans Proptech SPAC | Wealth Management

VC Firm Fifth Wall Plans Property Technology-Focused SPAC
The firm selected underwriters for a blank-check company that will seek out a target in the proptech sector.
Bloomberg | Jan 06, 2021
(Bloomberg) Fifth Wall, a Los Angeles-based venture firm, is planning to raise capital through a special purpose acquisition company, a sign that the momentum behind a vehicle that became mainstream in 2020 has continued into the new year.
The firm, founded by Brad Greiwe and Brendan Wallace, selected underwriters for a blank-check company that’s set to seek out a target in the property-technology sector, said people with knowledge of the matter. A listing could occur as soon as the current quarter, one of the people said. ....

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