FTAC Zeus Acquisition in a preliminary proxy said it wants shareholder approval to wind up operations 60 days ahead of its current termination date on May 23, 2023, or by Aug. 23 next year if the SPAc has executed a letter of intent for a deal but has failed to close.
Fintech-focused FTAC Zeus raised $402.5 million in a November 2021 IPO.
Chairman Daniel Cohen has overseen multiple SPACs and is chairman of Cohen & Company. Since September 2013 he has served as president and CEO of the company’s European business. Read more.
