FAII - ATI Physical Therapy and Fortress Value Acquisition stockholders approves merger

ATI Physical Therapy and Fortress Value Acquisition Corp. II ([[FAII]] +2.2%) announced that stockholders of both the companies approved business combination proposal.Holders of 8,987,746 shares of company's Class A common stock exercised their right to redeem their shares for cash at $10.00 per share, for ~$89.9M. Merger will close on June 16 and ATI Class A common stock and warrants to begin publicly trading on NYSE under the new symbols “ATIP” and “ATIP WS” on June 17, 2021.The deal valued at $2.5b was officially announced in February.

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ATI Physical Therapy and Fortress Value Acquisition stockholders approves merger