FTAC Emerald Acquisition Corp.
EMLDU
NASDAQ Global Market11.02
USD
+0.02
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FTAC Emerald Acquisition Corp.
EMLDU
(NASDAQ Global Market)
Recent
price
11.02
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- FTAC Emerald Acquisition Corp. (NASDAQ: EMLDU) operates as a blank check company, or special purpose acquisition company (SPAC), whose primary business is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses; it initially targeted sectors including clean/renewable energy, water sustainability, agricultural technology, shared economy software, and mobility. Sponsored by Cohen Circle, the company offers no current products or services beyond its SPAC structure, consisting of Class A common stock units trading under EMLDU, each comprising one share of Class A common stock and one-half of a warrant exercisable at $11.50 per share. Founded in 2021 and headquartered at 2929 Arch Street, Suite 1703, Philadelphia, Pennsylvania, it conducts operations principally in the United States. In a major development, FTAC Emerald completed a business combination with Fold, Inc., a bitcoin financial services company, on February 14, 2025, following shareholder approval on February 13, 2025; the combined entity operates as Fold Holdings, Inc., with common stock and warrants trading on Nasdaq under the symbols FLD and FLDDW, respectively, commencing February 19, 2025. This reverse merger valued Fold at a pre-money equity of approximately $365 million and positioned the post-combination company with over 1,000 BTC on its balance sheet, partnerships including Visa, BitGo, and Marqeta, and more than $2 billion in historical transaction volume. The transaction marks FTAC Emerald's transition from a dormant SPAC, originally known as Emerald ESG Acquisition Corp., to a public bitcoin-focused financial services platform serving consumer and business markets.
FTAC EMERALD ACQUISITION CORP. ANNOUNCES ADJOURNMENT OF SPECIAL MEETING OF STOCKHOLDERS UNTIL 11:00 AM EASTERN TIME ON JANUARY 19, 2024
FTAC EMERALD ACQUISITION CORP. ANNOUNCES POSTPONEMENT OF SPECIAL MEETING IN LIEU OF ANNUAL MEETING OF STOCKHOLDERS
FTAC EMERALD ACQUISITION CORP. ANNOUNCES TIME CHANGE OF SPECIAL MEETING IN LIEU OF ANNUAL MEETING OF STOCKHOLDERS AND ESTIMATED REDEMPTION PRICE PER SHARE
FTAC EMERALD ACQUISITION CORP. ANNOUNCES ADJOURNMENT OF SPECIAL MEETING IN LIEU OF ANNUAL MEETING OF STOCKHOLDERS UNTIL 11:00 AM EASTERN TIME ON SEPTEMBER 18, 2023