MP Materials Corp. / DE

Fortress Value Acquisition Corp. (FVAC) was a blank-check company sponsored by Fortress Investment Group that completed its initial public offering in 2020, targeting the materials and natural resources sector. The SPAC announced a business combination with MP Materials Corp., operator of the Mountain Pass rare earth mine in California — the only active rare earth mining and processing facility in the Western Hemisphere at the time. The transaction closed in November 2020, with the combined company subsequently listing on the New York Stock Exchange under the ticker MP. This 10-Q filing, submitted July 31, 2020, reflects FVAC's status during the pre-closing phase following the announced deal. Sign up at SpacDesk for complete filing history, sponsor profiles, and deal analytics on FVAC and thousands of other SPACs.