Mobile Infrastructure Corp. has completed its public listing after its SPAC merger

Fifth Wall Acquisition Corp. III, a SPAC sponsored by an affiliate of Fifth Wall, the largest venture capital firm focused on technology for the built world, and Mobile Infrastructure Corporation, one of the largest institutional-quality, mobility-focused parking asset owners in the United States, announced the completion of their business combination. The deal valued Mobile’s equity at $15.00 per share, compared to its reported 2022 Net Asset Value of $14.76 per share.

Read more on Investing.com

Shanda Consult has been working with SPACs for many years, and our network of SPAC executives has deep experience in the sector. If you need to learn more about how to successfully use a SPAC structure and perhaps wish to set up your own SPAC, we are here to help.

Please contact us with any questions you may have.