FTAC Parnassus Acquisition Corp - Unit

FTAC Parnassus Acquisition Corp. operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses for its initial business. The company was founded on December 18, 2020 and is headquartered in Philadelphia, PA.

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FTAC Parnassus Acquisition Corp

PHILADELPHIA, PA, Feb. 17, 2023 (GLOBE NEWSWIRE) -- FTAC Parnassus Acquisition Corp. (NASDAQ:FTPA) (the “Company”), a blank-check company formed for the purpose of acquiring or merging with one or more businesses, today announced that because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation (the “Charter”), the Company intends to dissolve and liquidate in accordance with the provisions of the Charter, effective as of the close of business on March 16, 2023, and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering (the “Public Shares”), at a per-share redemption price of approximately $10.13.

FTAC Parnassus Acquisition Corp. Announces it Will Redeem its Public Shares

PHILADELPHIA, PA, May 28, 2021 (GLOBE NEWSWIRE) -- FTAC Parnassus Acquisition Corp. (NASDAQ:FTPA) (the “Company”), a blank-check company formed for the purpose of acquiring or merging with one or more technology and financial services technology companies, today announced that on May 26, 2021 it received a notice from Nasdaq Regulation indicating that, as a result of not having timely filed its Quarterly Report on Form 10-Q for the period ended March 31, 2021 (the “Form 10-Q”), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission (the “SEC”).

FTAC Parnassus Acquisition Corp. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

PHILADELPHIA, PA, April 27, 2021 (GLOBE NEWSWIRE) -- FTAC Parnassus Acquisition Corp. (NASDAQ:FTPAU) (the “Company”), a blank-check company formed for the purpose of acquiring or merging with one or more technology and financial services technology companies, today announced that the holders of the Company's units may elect to separately trade the Class A common shares and warrants underlying the units commencing on May 3, 2021. Those units not separated will continue to trade on the NASDAQ Capital Market under the symbol “FTPAU” and the Class A common shares and warrants are expected to trade under the symbols “FTPA” and “FTPAW”, respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade.

FTAC Parnassus Acquisition Corp. Class A Common Stock and Warrants to Commence Trading Separately on May 3, 2021

PHILADELPHIA, PA, March 16, 2021 (GLOBE NEWSWIRE) -- FTAC Parnassus Acquisition Corp. (NASDAQ:FTPAU) (the “Company”), a blank-check company formed for the purpose of acquiring or merging with one or more technology and financial services technology companies, today announced the completion of its initial public offering of 25,000,000 units at a price of $10.00 per unit, which includes 3,000,000 units issued pursuant to the exercise of the underwriters' over-allotment option, for gross proceeds to the Company of $250,000,000. The Company's units began trading on the Nasdaq Capital Market under the symbol "FTPAU" on March 12, 2021. Each unit issued in the offering consists of one share of Class A common stock of the Company and one-fourth 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 shares and warrants are expected to be listed on NASDAQ under the symbols “FTPA” and “FTPAW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade.

FTAC Parnassus Acquisition Corp. Announces Completion of $250,000,000 Initial Public Offering, Including Exercise of Over-Allotment Option

News for FTAC Parnassus Acquisition Corp - Unit Stock (FTPAU)