July 24 (Reuters) - FTAC Emerald Acquisition Corp
:
* FOLD TO GO PUBLIC AS THE FIRST PUREPLAY FINANCIAL SERVICES COMPANY POWERED BY BITCOIN
* FOLD TO GO PUBLIC VIA BUSINESS COMBINATION WITH FTAC EMERALD
* TRANSACTION IMPLIES A PRE-MONEY EQUITY VALUATION FOR FOLD OF $365 MILLION
* COMBINED CO TO REMAIN LISTED ON NASDAQ POST-TRANSACTION
* FOLD TRANSACTION EXPECTED TO CLOSE IN Q4 2024
* FOLD STOCKHOLDERS TO OWN ABOUT 71% OF COMBINED CO POST-TRANSACTION
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