Fold And FTAC Emerald Acquisition Announced That They Have Entered Into A Definitive Agreement Providing For A Proposed Business Combination At A Pre-money Equity Valuation For Fold Of $365M
Portfolio Pulse from Benzinga Newsdesk
Fold and FTAC Emerald Acquisition have entered into a definitive agreement for a proposed business combination, valuing Fold at $365 million pre-money.
July 24, 2024 | 11:05 am
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FTAC Emerald Acquisition (EMLD) has entered into a definitive agreement with Fold for a business combination, valuing Fold at $365 million pre-money.
The announcement of a definitive agreement for a business combination is likely to positively impact EMLD's stock price in the short term as it indicates a clear path forward for the merger, which is valued at $365 million pre-money.
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IMPORTANCE 80
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