FTAC Emerald Acquisition Corp. Files 8-K
Ticker: FLDDW · Form: 8-K · Filed: Feb 11, 2025 · CIK: 1889123
| Field | Detail |
|---|---|
| Company | Ftac Emerald Acquisition Corp. (FLDDW) |
| Form Type | 8-K |
| Filed Date | Feb 11, 2025 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, corporate-filing
TL;DR
FTAC Emerald Acquisition Corp. filed an 8-K on Feb 11, 2025.
AI Summary
FTAC Emerald Acquisition Corp. filed an 8-K on February 11, 2025, reporting on other events and financial statements. The company, formerly known as Emerald ESG Acquisition Corp., is incorporated in Delaware and operates in the Finance Services sector.
Why It Matters
This filing provides an update on FTAC Emerald Acquisition Corp.'s corporate status and financial reporting, which is important for investors tracking the company's activities.
Risk Assessment
Risk Level: low — This filing is a routine corporate disclosure and does not contain significant new financial or operational information that would inherently increase risk.
Key Players & Entities
- FTAC Emerald Acquisition Corp. (company) — Registrant
- Emerald ESG Acquisition Corp. (company) — Former company name
- February 11, 2025 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
FAQ
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant is FTAC Emerald Acquisition Corp.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is February 11, 2025.
What was the former name of FTAC Emerald Acquisition Corp.?
The former name of FTAC Emerald Acquisition Corp. was Emerald ESG Acquisition Corp.
In which state is FTAC Emerald Acquisition Corp. incorporated?
FTAC Emerald Acquisition Corp. is incorporated in Delaware.
What is the SEC file number for FTAC Emerald Acquisition Corp.?
The SEC file number for FTAC Emerald Acquisition Corp. is 001-41168.
Filing Stats: 1,728 words · 7 min read · ~6 pages · Grade level 14.8 · Accepted 2025-02-11 09:17:13
Key Financial Figures
- $0.0001 — arket Class A common stock, par value $0.0001 per share FLDD OTCQB Venture Market
Filing Documents
- ea0230613-8k425_ftac.htm (8-K) — 43KB
- ea023061301ex99-1_ftac.htm (EX-99.1) — 14KB
- 0001213900-25-011943.txt ( ) — 286KB
- flddw-20250211.xsd (EX-101.SCH) — 4KB
- flddw-20250211_def.xml (EX-101.DEF) — 27KB
- flddw-20250211_lab.xml (EX-101.LAB) — 37KB
- flddw-20250211_pre.xml (EX-101.PRE) — 25KB
- ea0230613-8k425_ftac_htm.xml (XML) — 7KB
01 Other Events
Item 8.01 Other Events. As previously announced, on July 24, 2024, FTAC Emerald Acquisition Corp. (the " Company " or " FTAC Emerald ") and Fold, Inc. (" Fold ") announced that they have entered into an Agreement and Plan of Merger (the " Merger Agreement ") by and among the Company, EMLD Merger Sub Inc., a wholly-owned subsidiary of the Company (" Merger Sub "), and Fold, pursuant to which, among other things, Merger Sub will be merged with and into Fold with Fold surviving the merger as a wholly-owned subsidiary of the Company (the " Merger " and, together with the other transactions contemplated by the Merger Agreement, the " Transactions "). On February 11, 2025, the Company announced that the special meeting in lieu of annual meeting of stockholders (the " Meeting ") scheduled to be held on February 12, 2025 at 11:00 am Eastern Time will be postponed until 11:30 am Eastern Time on Thursday, February 13, 2025. There is no change to the location, record date, purpose or any of the proposals to be acted upon at the Meeting. A copy of the press release announcing the postponement of the Meeting is attached hereto as Exhibit 99.1. The Meeting is being held for the purposes of considering and voting on, among other things, the Merger Agreement and the Transactions (collectively, the " Proposals "), each as described in the Company's definitive proxy statement/prospectus filed with the Securities and Exchange Commission (" SEC ") on January 24, 2025. The information in this Item 8.01 (including Exhibit 99.1) is being furnished and shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise be subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act. Important Information About the Proposed Business Combination and Where to Find It In connection with the Transactions, parties h
Forward-Looking Statements
Forward-Looking Statements The information in this current report on Form 8-K includes "forward-looking statements" within the meaning of the federal securities laws with respect to the proposed transaction between Fold and FTAC Emerald. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts regarding Fold's business, net proceeds from the proposed transaction, potential benefits of the proposed transaction and the potential success of Fold's market and growth strategies, and expectations related to the terms and timing of the proposed transaction. These statements are based on various assumptions and on the current expectations of FTAC Emerald and Fold's management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of FTAC Emerald and Fold. These forward-looking in a timely manner or at all; (ii) the risk that the proposed transaction may not be completed by FTAC Emerald 's business combination deadline and the potential failure to obtain an extension of the business combination deadline; (iii) the failure to satisfy the conditions to the consummation of the propos
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: February 11, 2025 FTAC EMERALD ACQUISITION CORP. By: /s/ Bracebridge H. Young, Jr. Name: Bracebridge H. Young, Jr. Title: President and Chief Executive Officer 3