Rhea-AI Summary
FTAC Emerald Acquisition Corp. (NASDAQ: EMLDU) announced the pricing of its initial public offering, comprising 22,000,000 units priced at $10.00 each, generating gross proceeds of $220,000,000. Trading on NASDAQ is set to begin on December 16, 2021. Each unit includes one share of Class A common stock and one-half of a redeemable warrant, with the full warrant exercisable at $11.50. The offering's closing is anticipated on or about December 20, 2021. Goldman Sachs & Co. LLC acts as the sole book-running manager, with an additional 3,300,000 units available for over-allotment.
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FAQ
What is the current stock price of FTAC Emerald Acquisition (EMLD)?
The current stock price of FTAC Emerald Acquisition (EMLD) is $10.74 as of February 7, 2025.
What is the market cap of FTAC Emerald Acquisition (EMLD)?
The market cap of FTAC Emerald Acquisition (EMLD) is approximately 157.3M.