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Liquidated

Fortistar Sustainable Solutions Corp.

CIK 0001822862

Cash in trust

$260.3M

$260,322,011

Trust per share

Redemption value

IPO

Jan 2021

$253.6M raised

Combination deadline

Not disclosed

Filings on record

58

Latest Feb 13, 2023

Overview

Fortistar Sustainable Solutions Corp. is a special purpose acquisition company incorporated in Delaware and registered with the SEC under CIK 0001822862. It completed its initial public offering in Jan 2021, raising $253.6M in gross proceeds. The vehicle is sponsored by FSSC through FSSC Sponsor LLC. The mandate targets energy transition, industrials. Deadline lapsed without a deal; trust returned to public shareholders.

we intend to focus our search for a target business offering sustainable solutions in the energy and infrastructure sector.
The mandate, as stated in the IPO prospectus

Reading the filings

Arithmetic on what Fortistar Sustainable Solutions Corp. has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.

  • Warrant coverage

    Each unit carried one-half of one warrant per unit. Warrants are dilution deferred: they cost the holder nothing until exercised, and they overhang the post-combination share count. Thinner coverage is generally a sign of a stronger book at pricing.

  • Sponsor record

    FSSC has launched 2 vehicles. Of the 2 that have resolved, 0 closed a combination and 2 liquidated, a 0% completion rate. A sponsor's record is not a forecast, but it does tell you whether the team has taken a deal across the line before.

  • Underwriting

    Credit Suisse led the offering. It has been named on 76 SPAC IPOs, book-running 57 of them, and 12% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.

SEC filing history

Free tier: filings older than 24 hours
  • SC 13G/A

    Amended beneficial ownership report (passive)

    Accession 0001214659-23-002103

    Feb 13, 2023

    3y ago

    Open filing
  • 15-12G

    Deregistration of securities

    Accession 0001140361-22-046083

    Dec 19, 2022

    3y ago

    Open filing
  • 25-NSE

    Notification of delisting

    Accession 0001354457-22-000691

    Dec 7, 2022

    3y ago

    Open filing
  • 25-NSE

    Notification of delisting

    Accession 0001354457-22-000690

    Dec 7, 2022

    3y ago

    Open filing
  • 25-NSE

    Notification of delisting

    Accession 0001354457-22-000689

    Dec 7, 2022

    3y ago

    Open filing
  • 8-K

    Entry into a material definitive agreement; Submission of matters to a vote of security holders; Other events

    Items 1.01, 3.03, 5.07, 8.01, 9.01 · Accession 0001140361-22-044263

    Dec 2, 2022

    3y ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001140361-22-041397

    Nov 14, 2022

    3y ago

    Open filing
  • 8-K

    Other events

    Item 8.01 · Accession 0001140361-22-040974

    Nov 10, 2022

    3y ago

    Open filing
  • DEF 14A

    Definitive proxy statement

    Accession 0001140361-22-040958

    Nov 10, 2022

    3y ago

    Open filing
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001140361-22-038869

    Oct 28, 2022

    3y ago

    Open filing
  • PRE 14A

    FORM PRE 14A

    Accession 0001140361-22-038861

    Oct 28, 2022

    3y ago

    Open filing
  • SC 13G

    Beneficial ownership report (passive)

    Accession 0001062993-22-018784

    Aug 26, 2022

    4y ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001140361-22-029067

    Aug 10, 2022

    4y ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001140361-22-019144

    May 13, 2022

    4y ago

    Open filing
  • 10-K

    Annual report

    Accession 0001140361-22-011970

    Mar 30, 2022

    4y ago

    Open filing
  • SC 13G

    Beneficial ownership report (passive)

    Accession 0001214659-22-002397

    Feb 11, 2022

    4y ago

    Open filing
  • SC 13G/A

    Amended beneficial ownership report (passive)

    Accession 0000902664-22-001410

    Feb 10, 2022

    4y ago

    Open filing
  • SC 13G/A

    Amended beneficial ownership report (passive)

    Accession 0000902219-21-000415

    Dec 10, 2021

    4y ago

    Open filing
  • UPLOAD

    SEC staff comment letter

    Accession 0000000000-21-014186

    Nov 23, 2021

    4y ago

    Open filing
  • 8-K/A

    8-K/A

    Item 4.02 · Accession 0001140361-21-038669

    Nov 19, 2021

    4y ago

    Open filing
  • UPLOAD

    SEC staff comment letter

    Accession 0000000000-21-013967

    Nov 18, 2021

    4y ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001140361-21-038135

    Nov 16, 2021

    4y ago

    Open filing
  • 8-K

    Current report

    Item 4.02 · Accession 0001140361-21-038123

    Nov 16, 2021

    4y ago

    Open filing
  • NT 10-Q

    Late quarterly report notification

    Accession 0001140361-21-038110

    Nov 16, 2021

    4y ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001140361-21-029114

    Aug 23, 2021

    5y ago

    Open filing
  • NT 10-Q

    Late quarterly report notification

    Accession 0001140361-21-028624

    Aug 17, 2021

    5y ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001140361-21-025524

    Jul 23, 2021

    5y ago

    Open filing
  • SC 13G

    Beneficial ownership report (passive)

    Accession 0000902219-21-000372

    Jul 12, 2021

    5y ago

    Open filing
  • 8-K

    Notice of delisting or failure to satisfy a listing rule; Other events

    Items 3.01, 8.01, 9.01 · Accession 0001140361-21-020265

    Jun 9, 2021

    5y ago

    Open filing
  • NT 10-Q

    Late quarterly report notification

    Accession 0001140361-21-017863

    May 18, 2021

    5y ago

    Open filing

Fortistar Sustainable Solutions Corp.: questions answered

What is Fortistar Sustainable Solutions Corp.?

Fortistar Sustainable Solutions Corp. is a special purpose acquisition company incorporated in Delaware and registered with the SEC under CIK 0001822862. It completed its initial public offering in Jan 2021, raising $253.6M in gross proceeds. The vehicle is sponsored by FSSC through FSSC Sponsor LLC. The mandate targets energy transition, industrials. Deadline lapsed without a deal; trust returned to public shareholders.

How much does Fortistar Sustainable Solutions Corp. hold in trust?

Approximately $260,322,011, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.

When must Fortistar Sustainable Solutions Corp. complete a merger?

No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.

What happens if Fortistar Sustainable Solutions Corp. does not find a target in time?

The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.

Can I redeem shares in Fortistar Sustainable Solutions Corp., and at what price?

Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.

Is the trust value the same as the share price for Fortistar Sustainable Solutions Corp.?

No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.

How much dilution do Fortistar Sustainable Solutions Corp.'s founder shares and warrants create?

Each unit also carried one-half of one warrant per unit, which is dilution deferred until exercise. Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.

Who sponsors Fortistar Sustainable Solutions Corp., and what is their track record?

FSSC Sponsor LLC is the sponsor entity, part of the FSSC franchise. That franchise has launched 2 vehicles in total, of which 0 closed a combination and 2 liquidated, a 0% completion rate on resolved vehicles. Named principals: Leadership Mark S. Comora, Nadeem Nisar.

Which banks underwrote the Fortistar Sustainable Solutions Corp. IPO?

Credit Suisse, BofA Securities. Credit Suisse and BofA Securities were credited as book-running managers on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.

Is Fortistar Sustainable Solutions Corp. a good investment?

That is not a question this site answers. Fortistar Sustainable Solutions Corp. is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.

Where does this Fortistar Sustainable Solutions Corp. data come from?

Filings Fortistar Sustainable Solutions Corp. submitted to the SEC under CIK 0001822862: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.

Compiled by the SPACListing research desk

Last reconciled Sep 4, 2026

Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.

Read the full methodology · What is in the dataset · Report a correction

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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.