LYSDY - A Look At The MP Materials/Fortress Value Acquisition Inc. Merger
This article first appeared in Trend Investing on July 17, 2020; therefore all data is as of this date.
This week MP Materials announced:
“MP Materials, a leading producer of rare earth materials, to be listed on NYSE through merger with Fortress Value Acquisition Corp. (NYSE: FVAC).”
This is another special-purpose acquisition company [SPAC] merger which will allow MP Materials to both quickly raise capital and list on the NYSE. Investors can buy FVAC now and become MP Materials (MP) shareholders after the transaction completes in Q4 2020; when the FVAC company name