Fold to Commence Trading on Nasdaq on February 19, 2025
19 February 2025 - 8:12AM
Business Wire
With over 1,000 bitcoin in its corporate
treasury, Fold is building the financial products of tomorrow amid
a wave of global bitcoin adoption
Fold Holdings, Inc. (“Fold”), a pioneering bitcoin financial
services company, announced today that its common stock and
warrants are expected to commence trading on the Nasdaq Capital
Market on February 19, 2025 under the ticker symbols “FLD” and
“FLDDW,” respectively. As previously announced, in connection with
the closing of its business combination on February 14, 2025, the
company changed its name from “FTAC Emerald Acquisition Corp.” to
“Fold Holdings, Inc.”
“We believe this transformative business combination better
positions Fold to advance our vision of building a gateway to
bitcoin-based financial services and expanding access to wealth
creation for our customers,” said Will Reeves, Chief Executive
Officer of Fold. “We are excited to list on Nasdaq and look forward
to continuing on our mission to expand access to bitcoin rewards
and financial services as a public company.”
About Fold
Fold is a leading bitcoin financial services company dedicated
to expanding access to bitcoin investment opportunities through
premium financial products. By integrating bitcoin into everyday
financial services, Fold aims to make the American Dream available
to more people. For more information, visit
https://foldapp.com/investors.
Forward-Looking Statements
The information in this press release includes “forward-looking
statements” within the meaning of the federal securities laws with
respect to the anticipated benefits of the business combination.
Forward-looking statements may be identified by the use of words
such as “may,” “could,” “would,” “should,” “predict,” “estimate,”
“plan,” “project,” “forecast,” “intend,” “will,” “expect,”
“anticipate,” “believe,” or other similar expressions that predict
or indicate future events or trends or that are not statements of
historical matters. These forward-looking statements include the
potential benefits of the business combination and the potential
success of Fold’s market and growth strategies. These statements
are based on assumptions and on the current expectations of Fold’s
management and are not predictions of actual performance. Many
actual events and circumstances are beyond the control of Fold.
These forward-looking statements are subject to a number of risks
and uncertainties, including: (i) changes in domestic and foreign
business, market, financial, political and legal conditions; (ii)
the failure to realize the anticipated benefits of the business
combination; (iii) the effect of the consummation of the business
combination on Fold’s business relationships, performance, and
business generally; (iv) the ability to implement business plans
and other expectations after the completion of the business
combination, and identify and realize additional opportunities; (v)
the risk of downturns, new entrants and a changing regulatory
landscape in the highly competitive industry in which Fold
operates; and (vi) those factors discussed in Fold’s filings with
the Securities and Exchange Commission. If any of these risks
materialize or Fold’s assumptions prove incorrect, actual results
could differ materially from the results implied by these
forward-looking statements. While Fold may elect to update these
forward-looking statements at some point in the future, each
specifically disclaims any obligation to do so, except as required
by law.
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