5 Best SPACs to Buy According to Herb Wagner’s FinePoint Capital

4. Fortress Value Acquisition Corp. IV (NYSE: FVIV)

Wagner’s Stake Value: $18,531,000
Percentage of Herb Wagner’s 13F Portfolio: 3.47%

Fortress Value Acquisition Corp. IV (NYSE: FVIV) collaborates with one or more companies to accomplish a merger, capital stock exchange, asset purchase, stock purchase, reorganization, or related business combination. The company was incorporated in 2020 and is ranked fourth on the list of 10 best SPACs to buy according to Herb Wagner’s FinePoint Capital. Fortress Value Acquisition Corp. IV (NYSE: FVIV) presently has a $19.1 billion market capitalization. The CEO of the company is Joshua A.

On August 9, Fortress Capital Acquisition Corp. (NYSE: FCAX) reported earnings for the second quarter of 2021. It reported earnings per share of $0.39, and earnings per share of $0.40 for the first six months of 2021.

FinePoint Capital holds 1.85 million shares in Fortress Capital Acquisition Corp. (NYSE: FCAX), worth over $18.53 million. This represents 3.47% of their portfolio. Alec Litowitz And Ross Laser’s Magnetar Capital is a leading shareholder in Fortress Capital Acquisition Corp. (NYSE: FCAX), with 4.01 million shares worth more than $40.14 million.