Item 8.01 Other Events.

On March 18, 2021, the Company consummated its initial public offering (the "IPO") of 60,000,000 units (the "Units"). Each Unit consists of one share of Class A Common Stock of the Company and one-eighth of one redeemable warrant of the Company, each whole warrant entitling the holder thereof to purchase one share of Class A Common Stock at an exercise price of $11.50 per share. The Units were sold at a price of $10.00 per unit, generating gross proceeds to the Company of $600,000,000.

Substantially concurrently with the consummation of the IPO, the Company completed the private sale (the "Private Placement") of 7,500,000 Private Placement Warrants at a purchase price of $2.00 per Private Placement Warrant, to the Company's sponsor, Fortress Value Acquisition Sponsor IV LLC, generating gross proceeds to the Company of approximately $15,000,000.

A total of $600,000,000, comprised of $588,000,000 of the proceeds from the IPO, including approximately $21,000,000 of the underwriters' deferred discount, and $12,000,000 of the proceeds of the sale of the Private Placement Warrants, were placed in a trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee. An audited balance sheet as of March 18, 2021 reflecting receipt of the proceeds upon consummation of the IPO and the Private Placement has been issued by the Company and is included as Exhibit 99.1 to this Current Report on Form 8-K/A.

Item 9.01. Financial Statements and Exhibits.





  (d) Exhibits.




Exhibit No.       Description of Exhibits

99.1                Audited Balance Sheet, as of March 18, 2021.

104               Cover Page Interactive Data File (embedded within the Inline XBRL
                  document)

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