Forest Road Acquisition Corp. Announces Pricing of Upsized $261 Million Initial Public Offering

LOS ANGELES--(BUSINESS WIRE)--Forest Road Acquisition Corp. (the “Company”), a newly incorporated blank check company, today announced the pricing of its upsized initial public offering of 26,100,000 units at a price of $10.00 per unit. The units are expected to be listed on the New York Stock Exchange (the “NYSE”) and trade under the ticker symbol “FRX.U” beginning November 25, 2020. Each unit consists of one share of Class A common stock and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin trading separately, the Company expects that the shares of Class A common stock and redeemable warrants will be listed on the NYSE under the symbols “FRX” and “FRX WS,” respectively.