FinTech Acquisition Corp. V Class A Common Stock

PHILADELPHIA, PA, Nov. 18, 2022 (GLOBE NEWSWIRE) --  FinTech Acquisition Corp. V (NASDAQ:FTCV) (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 December 9, 2022, 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 $10.08.

Related tickers: FTCVU, FTCVW, FTCV.

Retail stock and cryptocurrency brokerage platform eToro is reportedly not going ahead with its planned blank-check merger. What Happened: The Information reported (via The Block Crypto) that the company has halted plans to merge with a Betsy Cohen-backed special purpose acquisition (SPAC) firm FinTech Acquisition Corp. V (NASDAQ: FTCV). See Also: ETORO VS. COINBASE The deal was

Related tickers: FTCV.