As Part of a Procedural Measure due to a Timing Requirement from Nasdaq, Trading is Expected to Temporarily Transition to OTC Markets and, Upon Consummation of the Business Combination, will Relist on Nasdaq
FTAC Emerald Acquisition Corp. (NASDAQ:FLD) ("FTAC Emerald"), a publicly-traded special purpose acquisition company, today announced that it will change its ticker symbol for its Common Stock. Beginning on December 18, 2024, FTAC Emerald's Common Stock will begin trading under the new ticker symbol FLDD. FTAC Emerald's Units and Warrants will continue to trade under the symbols FLDDU, and FLDDW, respectively.
As anticipated as a procedural measure due to a timing requirement by Nasdaq, FTAC Emerald's common stock, units, and warrants are expected to transition from Nasdaq to OTC Markets. The new ticker symbol will ensure uninterrupted market activity for shareholders. FTAC Emerald's ongoing business combination agreement with Fold, a pioneering bitcoin financial services company, will be unaffected by the transition of trading venue.
