FTAC Emerald Acquisition Corp. Class A Common Stock and Warrants to Commence Trading Separately on February 7, 2022
February 01 2022 - 4:30PM
FTAC Emerald Acquisition Corp. (NASDAQ: EMLDU) (the
“Company”), a blank-check company led by Betsy Z. Cohen, as
Chairman of the Board, Mark Tercek, as Vice-Chairman of the Board,
and Bracebridge H. Young, Jr., as President and Chief Executive
Officer, today announced that the holders of the Company’s units
sold in the Company’s initial public offering of 24,869,342 units
may elect to separately trade the Class A common shares and
warrants underlying the units commencing on February 7, 2022. Those
units not separated will continue to trade on the NASDAQ Global
Market under the symbol “EMLDU” and the Class A common shares and
warrants are expected to trade under the symbols “EMLD” and
“EMLDW”, respectively. No fractional warrants will be issued upon
separation of the units and only whole warrants will trade.
Goldman Sachs & Co. LLC acted as the sole book-running
manager for the offering.
A registration statement relating to the units and the
underlying securities was declared effective by the Securities and
Exchange Commission (“SEC”) on December 15, 2021. This press
release shall not constitute an offer to sell or the solicitation
of an offer to buy, nor shall there be any sale of, these
securities in any state or jurisdiction in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
The offering was made by means of a prospectus. Copies of the
prospectus relating to the offering may be obtained from Goldman
Sachs & Co. LLC, 200 West Street, New York, NY 10282, Attn:
Prospectus Department, by telephone at 866-471-2526 or by emailing
prospectus-ny@ny.email.gs.com. Copies of the registration statement
can be accessed for free through the SEC's website
at www.sec.gov.
Cautionary Note Concerning Forward-Looking
Statements
This press release contains statements that constitute
“forward-looking statements.” Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the Risk
Factors section of the Company's registration statement and
prospectus for the offering filed with the SEC. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this press release, except as required
by law.
Contact Information:
Amanda Abrams amanda@ftspac.com (215) 701-9693
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