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FTAC Emerald Acquisition ( (FLD) ) has provided an announcement.
FTAC Emerald Acquisition Corp. held a special meeting where stockholders approved extensions for consummating its business combination and allowed liquidation of its trust account. Following its failure to complete the initial business combination by the deadline, FTAC received a delisting notice from Nasdaq and plans to transition its securities trading to the OTC Market. The company remains committed to its business combination with Fold, expected to close in early 2025, and aims to relist on Nasdaq post-transaction.
More about FTAC Emerald Acquisition
FTAC Emerald Acquisition Corp. is a special purpose acquisition company focused on entering into business combinations that provide social, financial, and environmental value. The company has initiated a merger with Fold, a bitcoin financial services company, which aims to expand access to bitcoin investment opportunities through premium financial products.
YTD Price Performance: 4.73%
Average Trading Volume: 98,329
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $159.3M
For a thorough assessment of FLD stock, go to TipRanks’ Stock Analysis page.
