![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Fintech Ecosystem Development Corporation | NASDAQ:FEXD | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 10.86 | 10.60 | 11.43 | 0 | 01:00:00 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): June 22, 2023
FINTECH ECOSYSTEM DEVELOPMENT CORP.
(Exact name of registrant as specified in its charter)
Delaware | 001-40914 | 86-2438985 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
100 Springhouse Drive, Suite 204, Collegeville, PA | 19426 | |
(Address of principal executive offices) | (Zip Code) |
(610) 226-8101
(Registrants telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☒ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
Trading |
Name of each exchange on which registered | ||
Units, each consisting of one share of Class A common stock, one right and one-half of one redeemable warrant | FEXDU | The Nasdaq Capital Market | ||
Class A common stock, par value $0.0001 per share | FEXD | The Nasdaq Capital Market | ||
Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share | FEXDW | The Nasdaq Capital Market | ||
Rights included as part of the units | FEXDR | The Nasdaq Capital Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 | Regulation FD Disclosure. |
On June 22, 2023, Fintech Ecosystem Development Corporation (the Company) issued a press release announcing that on June 21, 2023, its sponsor, Revofast LLC, deposited $110,000 into the Companys trust account to extend the date by which the Company must consummate an initial business combination (the Deadline Date) from June 21, 2023, for an additional month, to July 21, 2023, the third of twelve possible one-month extensions of the Deadline Date available to the Company.
A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits:
Exhibit No. |
Description | |
99.1 | Press Release, issued June 22, 2023. | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
1
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
FINTECH ECOSYSTEM DEVELOPMENT CORP. | ||
By: | /s/ Saiful Khandaker | |
Name: | Saiful Khandaker | |
Title: | Chairman and Chief Executive Officer |
Date: June 22, 2023
Exhibit 99.1
Fintech Ecosystem Development Corp. Announces
Third Extension of Deadline to Complete Initial Business Combination
COLLEGEVILLE, PA, June 22, 2023 Fintech Ecosystem Development Corp. (Nasdaq: FEXD) (the Company), announced today that its board of directors (the Board) has decided to extend the date by which the Company must consummate an initial business combination (the Deadline Date) from June 21, 2023 for an additional month, to July 21, 2023, and that its sponsor, Revofast LLC (the Sponsor) deposited $110,000 into the Companys trust account in connection with this extension, the third of twelve potential one-month extensions of the Deadline Date available to the Company.
The Companys Amended and Restated Certificate of Incorporation, as amended (the Charter), provides the Company with the right to extend the Deadline Date up to twelve times for an additional one month each time (each, an Extension), from April 21, 2023 to up to April 21, 2024.
About Fintech Ecosystem Development Corp.
Fintech Ecosystem Development Corp. is a special purpose acquisition company formed for the purpose of effecting one or more business combinations with an intent to focus on the financial technology sector. The Company is sponsored by Revofast LLC and the management team led by Chief Executive Officer, President and founder Dr. Saiful Khandaker and a team of experienced Fintech business and technology innovators.
For additional information, please visit www.fintechecosys.com.
Forward-Looking Statements
This press release may include, and oral statements made from time to time by representatives of the Company may include, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as anticipate, believe, continue, could, estimate, expect, intend, may, might, plan, possible, potential, predict, project, should, would and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Companys management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Companys filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Companys registration statement and prospectus for the Companys initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
1 Year Fintech Ecosystem Develo... Chart |
1 Month Fintech Ecosystem Develo... Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions