Fortress Capital Acquisition Corp. announced that on January 14, 2022, the Board of Directors of the company elected Gary Kalk to serve as a director of the Company. The Board also appointed Kalk to serve as a member of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee, having previously determined that Kalk satisfied all applicable requirements to serve on such committees, including without limitation the applicable independence requirements of the New York Stock Exchange and the Securities Exchange Act of 1934, as amended.

Upon Kalk's appointment to the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee, Michael Nierenberg, a member of those respective committees not meeting such independence requirements was removed. Following the appointment of Kalk, the Company's Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee each consists of Debra Coleman, Elizabeth Fascitelli and Gary Kalk. Kalk will serve until the second Annual Meeting of Stockholders or until his successor shall be elected and duly qualified.

Since October 2021, Kalk has served as the Chief Executive Officer of GOcxm Corp. From June 2006 to January 2020, Kalk served in various roles at Dealer-FX Group Inc., including as Founder, President, Chief Executive Officer and Executive Chairman.