Winston & Strawn Represents FTAC Emerald Acquisition Corp.
January 11, 2022
Source: Winston & Strawn
Winston & Strawn represented Goldman Sachs & Co. LLC as the sole book-running manager in connection with FTAC Emerald Acquisition Corp. (NASDAQ: EMLDU) (the “Company”), a blank-check company, formed for the purpose of acquiring or merging with one or more businesses, in its initial public offering of 22,000,000 units at a price of $10.00 per unit for gross proceeds to the Company of $220,000,000. The Company's units began trading on the Nasdaq Global Market (“NASDAQ”) under the symbol "EMLDU" on December 16, 2021. Each unit issued in the offering consists of one share of Class A common stock of the Company and one-half of one warrant, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on NASDAQ under the symbols “EMLD” and “EMLDW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade.
Winston Team:
Mike Blankenship, Co-Lead Partner, Houston
Dom DeChiara, Co-Lead Partner, New York
James Brown, Partner, Houston
Seth Farber, Partner, New York
David Sakowitz, Partner, New York
Robbie Oakes, Associate, Houston
Alexander P. Tanner, Associate, Houston
Aaron Walker, Associate, Dallas


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