Filing Details
- Accession Number:
- 0001104659-21-152735
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-12-22 17:33:27
- Reporting Period:
- 2021-12-20
- Accepted Time:
- 2021-12-22 17:33:27
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1889123 | Ftac Emerald Acquisition Corp. | EMLDU | Blank Checks (6770) | 862170416 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1899044 | Emerald Esg Sponsor, Llc | 2929 Arch Street, Suite 1703 Philadelphia PA 19104 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock, Par Value $0.0001 | Acquisiton | 2021-12-20 | 890,000 | $0.00 | 890,000 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Class B Common Stock, par value $0.0001 | Disposition | 2021-12-20 | 4,353,333 | $0.00 | 4,353,333 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
4,410,000 | No | 4 | J | Direct |
Footnotes
- The Reporting Person purchased 890,000 units of FTAC Emerald Acquisition Corp. (the "Issuer") in a private placement that closed simultaneously with the Issuer's initial public offering for an aggregate purchase price of $8,900,000. Each unit consists of one share of the Issuer's Class A Common Stock, par value $0.0001, and one-half of one redeemable warrant, as described under the heading "Description of Securities - Units - Placement Units" in the Issuer's registration statement on Form S-1 (File No. 333-261254).
- The Class B common stock will automatically convert into Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments described in the Issuer's charter documents and has no expiration date.
- 4,353,333 shares of Class B common stock held by the Reporting Person were distributed to its member, Emerald ESG Advisors, LLC ("Advisors"). The Class B common stock distributed to Advisors includes up to 726,194 shares of Class B common stock that are subject to forfeiture in the event the underwriter of the Issuer's initial public offering does not exercise in full its over-allotment option.