FTAC Emerald Acquisition Corp.
EMLDW
NASDAQ Global Select0.15
USD
+0.00
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FTAC Emerald Acquisition Corp.
EMLDW
(NASDAQ Global Select)
Recent
price
0.15
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- FTAC Emerald Acquisition Corp. FTAC Emerald Acquisition Corp. (EMLDW) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant ongoing business operations; it focuses on pursuing a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more target businesses, particularly those providing social, financial, and/or environmental value in sectors such as clean/renewable energy, water sustainability, agricultural technology, shared economy software, and mobility. Sponsored by Cohen Circle and headquartered in Philadelphia, Pennsylvania, the company was incorporated in 2021, formerly known as Emerald ESG Acquisition Corp., and raised approximately $248.7 million in gross proceeds from its initial public offering of 24.87 million units in December 2021, each consisting of one Class A ordinary share and one-half of a redeemable warrant exercisable at $11.50 per share. In its most recent major development, FTAC Emerald completed a business combination with Fold, Inc., a bitcoin financial services company founded in 2019, following shareholder approval on February 13, 2025, and closing around February 14-17, 2025; the combined entity now operates as Fold Holdings, Inc., with common stock and warrants trading on Nasdaq under the symbols FLD and FLDDW, respectively, beginning on or about February 19, 2025, supported by over 1,000 bitcoin on the balance sheet and partnerships including Visa, BitGo, and Marqeta.