M&A
confidence high
sentiment positive
materiality 0.70
FTAC Emerald shareholders approve business combination with Fold, closing expected Feb 14
Fold Holdings, Inc.
- Shareholders voted 11,805,377 FOR and 7,786 AGAINST to adopt the Merger Agreement with Fold, Inc.
- Also approved charter/bylaws amendments, name change to Fold Holdings, Inc., and Nasdaq listing under FLD and FLDDW.
- Closing anticipated on or about February 14, 2025, creating a combined bitcoin financial services company.
- Pre-close SPAC trades on OTC Pink/OTCQB; combined company expects to trade on Nasdaq post-close.