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Vertiv Holdings CoVRT

Class A VRTCIK 0001674101

Cash in trust

$707M

$707,405,205

Trust per share

$10.25

Redemption value

IPO

Jun 2018

$690M raised

Combination deadline

—

Not disclosed

Filings on record

876

Latest Oct 26, 2026

Business combination

Target
Not disclosed in an indexed filing
Announced
Dec 10, 2019
Closed
Feb 7, 2020

Overview

Vertiv Holdings Co is a special purpose acquisition company incorporated in Delaware and registered with the SEC under CIK 0001674101. It completed its initial public offering in Jun 2018, raising $690M in gross proceeds and listing on NYSE. Class A shares trade under the ticker VRT on NYSE. The vehicle is sponsored by GS DC through GS DC Sponsor I LLC. The mandate targets industrials, transportation & logistics, aerospace & defense. Business combination closed; the company trades under a new ticker.

“we intend to focus on the industrial sector.”
The mandate, as stated in the IPO prospectus

Reading the filings

Arithmetic on what Vertiv Holdings Co 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.

  • Trust versus the $10 unit

    The trust holds $10.25 per public share, 2.5% above the $10.00 the units were sold at. That spread is accrued interest on the trust and, where the charter provides for it, sponsor contributions paid in to buy more time. It is the floor a public shareholder can redeem at, not a valuation of the business.

  • Warrant coverage

    Each unit carried one-third 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.

  • Underwriting

    Goldman Sachs led the offering. It has been named on 97 SPAC IPOs, book-running 59 of them, and 58.3% 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.

How busy it has been

Filings per month since the first one. A vehicle that has gone quiet with a deadline ahead is a different proposition from one that is still working.

572902018-042026-10

876 filings in all. 20 in the last three months, against a busiest month of 57.

News on Vertiv Holdings Co

Last 90 days

News sentiment

Neutral
negativeneutralpositive

Across 11 recent stories, weighted towards the newest. Scored by our own headline classifier using finance- and SPAC-specific terms. It reads what a story is about, not what the shares are worth.

SEC filing history

Free tier: filings older than 24 hours
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-065239

    Oct 6, 2026

    20d ago

    View on EDGAR ↗
  • 3

    Initial statement of beneficial ownership

    Accession 0001628280-26-064936

    Oct 5, 2026

    21d ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-063571

    Sep 25, 2026

    1mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-063570

    Sep 25, 2026

    1mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-063569

    Sep 25, 2026

    1mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-063568

    Sep 25, 2026

    1mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-063567

    Sep 25, 2026

    1mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-063566

    Sep 25, 2026

    1mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-063565

    Sep 25, 2026

    1mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-063564

    Sep 25, 2026

    1mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-063562

    Sep 25, 2026

    1mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-063561

    Sep 25, 2026

    1mo ago

    View on EDGAR ↗
  • 8-K

    Regulation FD disclosure

    Items 7.01, 9.01 · Accession 0001628280-26-063311

    Sep 24, 2026

    1mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-062305

    Sep 16, 2026

    1mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950142-26-002513

    Sep 8, 2026

    1mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0000950142-26-002483

    Sep 2, 2026

    1mo ago

    View on EDGAR ↗
  • 8-K

    Entry into a material definitive agreement; Regulation FD disclosure

    Items 1.01, 7.01, 9.01 · Accession 0001193125-26-379306

    Sep 2, 2026

    1mo ago

    View on EDGAR ↗
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001628280-26-059961

    Sep 2, 2026

    1mo ago

    View on EDGAR ↗
  • 144

    144 filing

    Accession 0001950047-26-008942

    Sep 1, 2026

    1mo ago

    View on EDGAR ↗
  • 10-Q

    Quarterly report

    Accession 0001628280-26-050609

    Jul 29, 2026

    2mo ago

    View on EDGAR ↗
  • 8-K

    Regulation FD disclosure

    Items 2.02, 7.01, 9.01 · Accession 0001628280-26-050323

    Jul 29, 2026

    2mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-045755

    Jun 26, 2026

    4mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-045754

    Jun 26, 2026

    4mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-045753

    Jun 26, 2026

    4mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-045752

    Jun 26, 2026

    4mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-045751

    Jun 26, 2026

    4mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-045750

    Jun 26, 2026

    4mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-045749

    Jun 26, 2026

    4mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-045748

    Jun 26, 2026

    4mo ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001628280-26-045747

    Jun 26, 2026

    4mo ago

    View on EDGAR ↗

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Vertiv Holdings Co: questions answered

What is Vertiv Holdings Co (VRT)?

Vertiv Holdings Co is a special purpose acquisition company incorporated in Delaware and registered with the SEC under CIK 0001674101. It completed its initial public offering in Jun 2018, raising $690M in gross proceeds and listing on NYSE. Class A shares trade under the ticker VRT on NYSE. The vehicle is sponsored by GS DC through GS DC Sponsor I LLC. The mandate targets industrials, transportation & logistics, aerospace & defense. Business combination closed; the company trades under a new ticker.

How much does Vertiv Holdings Co hold in trust?

Approximately $707,405,205, or about $10.25 per public share, 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 Vertiv Holdings Co 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 Vertiv Holdings Co 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 Vertiv Holdings Co, 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, most recently disclosed at about $10.25 per share. 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.

What tickers does Vertiv Holdings Co trade under?

Class A shares trade as VRT on NYSE. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.

Is the trust value the same as the share price for Vertiv Holdings Co?

No, and the gap between them is the whole trade. Trust per share is a disclosed, contractual figure of $10.25, being what a redeeming holder receives. The market price is whatever the shares change hands at: most recently $199.78, a spread to the redemption value. Quotes on this site are delayed and indicative; confirm on your own venue before trading.

How much dilution do Vertiv Holdings Co's founder shares and warrants create?

Each unit also carried one-third 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 Vertiv Holdings Co, and what is their track record?

GS DC Sponsor I LLC is the sponsor entity, part of the GS DC franchise. This is the only vehicle we have attributed to that sponsor. Named principals: David M. Cote.

Which banks underwrote the Vertiv Holdings Co IPO?

Goldman Sachs, Deutsche Bank. Goldman Sachs was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.

Is Vertiv Holdings Co tradeable, and where?

Yes. VRT returned a live quote of $199.78 on NYSE. Quotes here are delayed and refreshed on a schedule rather than streamed, so treat the figure as indicative and confirm on your own venue. Units and warrants trade under their own symbols and are quoted separately.

Is Vertiv Holdings Co a good investment?

That is not a question this site answers. Vertiv Holdings Co 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 Vertiv Holdings Co data come from?

Filings Vertiv Holdings Co submitted to the SEC under CIK 0001674101: 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 Oct 26, 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.