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FTAC Emerald Acquisition Corp. to merge with Fold, Inc. to expand bitcoin financial services

PRIVATEFeb 14, 2025

Acquiring Company

FTAC Emerald Acquisition

Acquired Company

Fold

New YorkPhoenixFinancial ServicesFinanceInformation TechnologyFinancial ServicesFinanceFintechBlockchainCryptocurrencyLending

Description

FTAC Emerald Acquisition Corp., a publicly traded special purpose acquisition company, announced that its shareholders have approved the proposed Business Combination with Fold, Inc., a pioneering bitcoin financial services company. The closing of the Business Combination is anticipated on or about February 14, 2025, affirming the renamed “Fold Holdings, Inc.” with expected trading on Nasdaq under the ticker symbols “FLD” and “FLDDW”.

Quick answer

FTAC Emerald Acquisition is acquiring Fold, announced February 13, 2025. FTAC Emerald Acquisition is based in New York, New York, United States.

How much did FTAC Emerald Acquisition pay for Fold?
The deal value was not disclosed.
What does FTAC Emerald Acquisition do?
FTAC Emerald Acquisition Corp. is a special purpose acquisition company sponsored by Cohen Circle with a core commitment to providing social, financial, and/or environmental value.
Where are FTAC Emerald Acquisition and Fold based?
FTAC Emerald Acquisition is based in New York, New York, United States. Fold is based in Phoenix, Arizona, United States.

Source: Fundz verified event record.

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Company Information

Company

FTAC Emerald Acquisition

Location

New York, New York, United States

About

FTAC Emerald Acquisition Corp. is a special purpose acquisition company sponsored by Cohen Circle with a core commitment to providing social, financial, and/or environmental value. It was formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.

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Frequently asked

Who acquired Fold?

Fold was acquired by FTAC Emerald Acquisition, based in New York. The deal was reported on February 14, 2025. FTAC Emerald Acquisition Corp. is a special purpose acquisition company sponsored by Cohen Circle with a core commitment to providing social, financial, and/or environmental value. FTAC Emerald Acquisition is privately held and operates in Financial Services.

When did FTAC Emerald Acquisition acquire Fold?

FTAC Emerald Acquisition's acquisition of Fold was reported on February 14, 2025. FTAC Emerald Acquisition Corp., a publicly traded special purpose acquisition company, announced that its shareholders have approved the proposed Business Combination with Fold, Inc., a pioneering bitcoin financial services company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Fold do?

Fold, Inc. is a pioneering bitcoin financial services company, founded in 2019, and is the premier gateway for bitcoin financial services in the United States. It is publicly traded (FLD), operating in Information Technology, and is based in Phoenix.

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