Forest Road Acquisition Corp. Announces Closing of Upsized $300,000,000 Initial Public Offering

NEW YORK--(BUSINESS WIRE)--Forest Road Acquisition Corp. (the “Company”) announced today the closing of its upsized initial public offering of 30,000,000 units at a price to the public of $10.00 per unit, which includes an exercise of the underwriters' option to purchase 3,900,000 additional units. The offering resulted in gross proceeds to the Company of $300 million.