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SmartRent is going public through a SPAC merger, valuing the company at $2.2 billion. The rental home market is very large. However, smart home penetration is extremely low. SmartRent's land and expand strategy creates a strong competitive advantage characterized by high switching...
U.S. equity markets closed on the cusp of record highs as a strong slate of housing data and corporate earnings reports offset concerns over President Biden's proposed capital gains tax hike. Narrowly snapping a four-week winning streak, the S&P 500 finished lower by 0.1% on the w...
SPAC Fifth Wall Acquistion Corp. (FWAA) confirmed an earlier report that it's taking SmartRent public through a merger that will value the startup at $2.2B. Fifth wall rose 1.2% in premarket trading.The deal includes a $155M PIPE anchored by SmartRent customers and investo...
SmartRent To Go Public in $2.2 Billion Merger with Fifth Wall Acquisition Corp. I, Accelerating Growth of Category-Leading Smart Home Technology for the Global Real Estate Industry Canada NewsWire - Includes Oversubscribed $155 Million PIPE Anchored by Leading Real E...
SmartRent.com, a seller of smart home-technology systems to apartment-building owners and developers, is reportedly in talks to go public through a merger with SPAC Fifth Wall Acquistion Corp. (FWAA).SmartRent is set announce the deal with Fifth Wall Acquisition as soon as tomorrow that ...
Fifth Wall Acquisition Corp. I Announces Closing of $345 Million Initial Public Offering PR Newswire LOS ANGELES , Feb. 9, 2021 /PRNewswire/ -- Fifth Wall Acquisition Corp. I (the "Company" or "FWAA"), a special purpose acquisition company, today announced t...
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Fifth Wall Raised $1.1 Billion Across its Funds in 2021 Canada NewsWire Firm Invested in 25+ New Portfolio Companies, and Celebrated 5 Portfolio Company IPOs LOS ANGELES , Jan. 4, 2022 /CNW/ -- Today, Fifth Wall , the largest venture capi...
SmartRent Announces Effectiveness of S-4 Registration Statement Canada NewsWire Special Meeting of Fifth Wall Acquisition Corp. I Stockholders to Approve Business Combination Scheduled for August 23, 2021 Upon Closing, the Combined Company Stock Will Trade ...
SmartRent Reports Double Digit First Quarter 2021 Revenue Growth and Record Quarterly New Units Canada NewsWire New Units Deployed in the first quarter were 32,483, up 81% year-over-year Total Committed Units of over 600,000 as of end of March 2021 Total fi...