FTAC Parnassus Acquisition Corp.
FTPAU
NASDAQ Capital Market10.13
USD
-0.02
- -
FTAC Parnassus Acquisition Corp.
FTPAU
(NASDAQ Capital Market)
Recent
price
10.13
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
FRC
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in mil. unless spec.- Similar Companies
- Business
- FTAC Parnassus Acquisition Corp. (FTPAU) is a blank check company sponsored by FTAC Parnassus, LLC, focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, primarily targeting companies in the financial technology sector. The company offers units comprising one share of Class A ordinary shares and one-half of one redeemable warrant, with warrants exercisable for one Class A ordinary share at $11.50 each; it conducts no significant operations until completion of an initial business combination. Headquartered in New York and founded in 2024, FTAC Parnassus operates with a focus on North American markets, particularly fintech innovators, and maintains relationships with its sponsor for sourcing and executing deals. Recent developments include ongoing pursuits of strategic targets in the fintech space as of late 2025, with no publicly announced mergers, acquisitions, or liquidations in the past 1-2 years, positioning it among active SPACs amid a selective market for business combinations.