FTAC Emerald Acquisition Corp. Announces Extension of Deadline to Complete Business Combination
(FLDD)
Company Research
Source: Business Wire
Business Combination between FTAC Emerald and Fold is Expected to Close in the First Quarter of 2025 NEW YORK--(BUSINESS WIRE)--FTAC Emerald Acquisition Corp. (Nasdaq: FLDD), a special purpose acquisition company (“FTAC Emerald” or the “Company”), announced today that at a special meeting of its stockholders held on December 17, 2024, the Company’s stockholders voted in favor of a proposal to extend the date by which the Company must consummate an initial business combination from December 20, 2024 to December 20, 2025.The business combination, which has been unanimously approved by the boards of directors of both FTAC Emerald and Fold, is expected to close in the first quarter of 2025, subject to regulatory approvals, approval of the proposed transaction by the stockholders of FTAC Emerald, and the satisfaction or waiver of other customary closing conditions, including a registration statement on Form S-4 being declared effective by the Securities and Exchange Commission (the “SEC
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