Fortress America Acquisition CORP
Completed 2007-01-19- CIK 1320760
- FAAC
- Now TSSI
- IPO 2005-07-15
- $37.7M trust
- 778 filings
Successfully merged with VTC, L.L.C. (doing business as Total Site Solutions) and Vortech, LLC • Now trading as TSSI
- IPO Size
- $42M
- raised at the IPO
- Trust Amount
- $37.7M
- held for shareholders
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2005
- year it listed
Filings, by quarter
778 filings over 88 quarters; violet bars carry a milestone
- 05 Q1: 2 filings
- 05 Q2: 2 filings
- 05 Q3: 19 filings
- 05 Q4: 3 filings
- 06 Q1: 6 filings
- 06 Q2: 3 filings
- 06 Q3: 8 filings
- 06 Q4: 17 filings
- 07 Q1: 41 filings
- 07 Q2: 21 filings
- 07 Q3: 23 filings
- 07 Q4: 6 filings
- 08 Q1: 14 filings
- 08 Q2: 16 filings
- 08 Q3: 11 filings
- 08 Q4: 16 filings
- 09 Q1: 11 filings
- 09 Q2: 11 filings
- 09 Q3: 14 filings
- 09 Q4: 6 filings
- 10 Q1: 8 filings
- 10 Q2: 13 filings
- 10 Q3: 6 filings
- 10 Q4: 3 filings
- 11 Q1: 2 filings
- 11 Q2: 7 filings
- 11 Q3: 8 filings
- 11 Q4: 5 filings
- 12 Q1: 9 filings
- 12 Q2: 7 filings
- 12 Q3: 12 filings
- 12 Q4: 7 filings
- 13 Q1: 10 filings
- 13 Q2: 14 filings
- 13 Q3: 6 filings
- 13 Q4: 9 filings
- 14 Q1: 17 filings
- 14 Q2: 9 filings
- 14 Q3: 8 filings
- 14 Q4: 9 filings
- 15 Q1: 11 filings
- 15 Q2: 9 filings
- 15 Q3: 4 filings
- 15 Q4: 5 filings
- 16 Q1: 4 filings
- 16 Q2: 6 filings
- 16 Q3: 4 filings
- 16 Q4: 4 filings
- 17 Q1: 3 filings
- 17 Q2: 11 filings
- 17 Q3: 4 filings
- 17 Q4: 7 filings
- 18 Q1: 7 filings
- 18 Q2: 4 filings
- 18 Q3: 2 filings
- 18 Q4: 4 filings
- 19 Q1: 11 filings
- 19 Q2: 6 filings
- 19 Q3: 3 filings
- 19 Q4: 4 filings
- 20 Q1: 5 filings
- 20 Q2: 5 filings
- 20 Q3: 4 filings
- 20 Q4: 4 filings
- 21 Q1: 6 filings
- 21 Q2: 8 filings
- 21 Q3: 4 filings
- 21 Q4: 4 filings
- 22 Q1: 2 filings
- 22 Q2: 6 filings
- 22 Q3: 9 filings
- 22 Q4: 6 filings
- 23 Q1: 4 filings
- 23 Q2: 6 filings
- 23 Q3: 3 filings
- 23 Q4: 3 filings
- 24 Q1: 5 filings
- 24 Q2: 11 filings
- 24 Q3: 15 filings
- 24 Q4: 31 filings
- 25 Q1: 8 filings
- 25 Q2: 18 filings
- 25 Q3: 17 filings
- 25 Q4: 8 filings
- 26 Q1: 27 filings
- 26 Q2: 22 filings
- 26 Q3: 4 filings
- 26 Q4: 1 filing
- S-1 filed 05 Q1
- IPO 05 Q3
- Completed 07 Q1
SPAC Overview
Where it stands on the road from S-1 to merger
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
Key Information
As the filings state it
- IPO Date
- 2005-07-15
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2007-01-19
- Merger Target
- VTC, L.L.C. (doing business as Total Site Solutions) and Vortech, LLC
- SPAC Ticker
- FAAC
- Merged Ticker
- TSSI
Stock Performance
TSSITrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2005-09-29 | $5.10 | |
| At Merger | 2007-01-22 | $5.43 | +6% |
| 6 Months Post-Merger | 2007-07-23 | $5.29 | -3% |
| 1 Year Post-Merger | 2008-01-22 | $4.26 | -22% |
| 2 Years Post-Merger | 2009-01-20 | $1.99 | -63% |
| Current Price | 2026-10-16 | $7.07 | +39% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
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.