Fortress America Acquisition CORP

Merged
CIK: 1320760•Ticker: FAAC•Merged Ticker: TSSI
Successfully merged with VTC, L.L.C. (doing business as Total Site Solutions) and Vortech, LLC • Now trading as TSSI

SPAC Overview

$42M
IPO Size
$37.7M
Trust Amount
Completed
Current Status
2005
IPO Year

Timeline Progress

About

Fortress America Acquisition Corporation is a blank check company formed to acquire an operating business in the homeland security industry. It expects to focus on dual-use companies serving government and commercial customers across planning, prevention, response and recovery.

Investment Focus

Security, Cybersecurity, Healthcare, Food & Beverage, Communications, Insurance, Infrastructure, Transportation, Technology

Geographic Focus

United States

Embarc dashboard

What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.

  • Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
  • Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
  • The full 8-K lifecycle timeline, each event linked to its filing
  • Price history across the unit, share and warrant tickers
  • Follow it, and see it change on your watchlist
Open in the dashboard

SPAC Team

Extended Team Information

The management team includes leaders with experience in government, finance, mergers and acquisitions, security and technology, alongside former U.S. Senator Donald L. Nickles; special advisor Asa Hutchinson has homeland security and federal law-enforcement leadership experience.

Stock Performance

TSSI
Trading Symbol
First Trade
September 29, 2005
$5.10
At Merger
February 1, 2007
$5.53
+8%
6 Months Post-Merger
July 27, 2007
$5.29
-4%
1 Year Post-Merger
January 22, 2008
$4.26
-23%
2 Years Post-Merger
January 26, 2009
$1.93
-65%
Current Price
October 2, 2026
$10.24
+101%

Key Information

IPO Date
July 15, 2005
State of Incorporation
DE
SIC
6770
Completion Date
January 19, 2007
Merger Target
VTC, L.L.C. (doing business as Total Site Solutions) and Vortech, LLC
SPAC Ticker
FAAC
Merged Ticker
TSSI