Franklin Pennsylvania Municipal Income ETF
FTPA
New York Stock Exchange Arca8.78
USD
+0.03
- -
Franklin Pennsylvania Municipal Income ETF
FTPA
(New York Stock Exchange Arca)
Recent
price
8.78
P/E
ratio
78
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- FTAC Parnassus Acquisition Corp. (FTPA) is a blank check company with no significant operations, formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets, primarily targeting opportunities in technology and financial services technology (fintech) companies. Incorporated in 2020 and headquartered in Philadelphia, Pennsylvania, the company previously operated as FTAC General Acquisition Corp. and focuses on fintech businesses that drive transformation and innovation, without generating revenue from ongoing operations. In a major development, FTAC Parnassus liquidated and shuttered operations on March 16, 2023, after failing to complete a business combination within its 24-month tenor following its March 2021 initial public offering of $220 million, returning approximately $10.13 per share to redeem shareholders. The SPAC, led by CEO Ryan M. Gilbert and Chairman Daniel Cohen, listed units on Nasdaq under FTPAU with Cantor Fitzgerald as lead underwriter, but pursued no announced mergers, acquisitions, or partnerships prior to dissolution. Geographically oriented toward global opportunities, the entity ceased all activities post-liquidation with no subsidiaries, parent relationships, or subsequent strategic shifts reported.