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FTAC Emerald Acquisition Corp (Nasdaq: FLDD) announced that stockholders approved extending the deadline for completing its initial business combination from December 20, 2024, to December 20, 2025. The company's planned business combination with Fold has received unanimous approval from both companies' boards of directors and is expected to close in Q1 2025. The completion remains subject to regulatory approvals, FTAC Emerald stockholder approval, and other customary closing conditions, including SEC effectiveness of a Form S-4 registration statement.
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