SmartRent Going Public Via SPAC: What Investors Need to Know

Matthew Frankel, CFP, The Motley Fool
·3 min read

The SPAC boom may have cooled off in recent weeks, but it isn't exactly dead. In fact, we just learned that another leading property technology company, SmartRent, has agreed to go public via SPAC merger in a $2.2 billion deal with blank-check company Fifth Wall Acquisition Corp I (NASDAQ: FWAA). Here's a rundown of what SmartRent does and the key details we know about the deal.