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FEXD

Fintech Ecosystem Development Corp.

https://www.fintechecosys.com

Industry

Shell Companies

Fintech Ecosystem Development Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire companies in the financial technology sector in South Asia. The company was incorporated in 2021 and is based in Collegeville, Pennsylvania.

Open

10.85

Mkt cap

74M

Volume

4.6K

High

10.86

P/E Ratio

83.54

52-wk high

12.51

Low

10.85

Div yield

N/A

52-wk low

10.67

Fintech Ecosystem Development (FEXD) announced it cannot complete its initial business combination within the required time period. As a result, the company will redeem all outstanding shares of Class A common stock from its IPO at a per-share price of approximately $10.69.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 1:35 pm

Fintech Ecosystem Development Corp. (NASDAQ:FEXD) has announced a fourth extension of the deadline to complete its initial business combination to August 21, 2023. The company's sponsor, Revofast LLC, has deposited $110,000 into the company's trust account in connection with this extension.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 12:10 pm

Fintech Ecosystem Development Corp. received a notice from Nasdaq for non-compliance with continued listing standards due to the late filing of its Q1 2023 Form 10-Q. The company has since filed the Form 10-Q to rectify the issue.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 12:14 pm

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