Financial Performance - The company reported a net loss of $309,776 for the three months ended September 30, 2024, with general and administrative expenses of $801,420 and interest income of $668,748 from investments held in the Trust Account[132]. - For the nine months ended September 30, 2024, the company had a net loss of $1,357,625, which included general and administrative expenses of $2,154,179 and interest income of $2,353,695[133]. - The company generated a net income of $1,206,590 for the three months ended September 30, 2023, primarily from interest income of $3,278,712, offset by formation and operating costs[134]. - For the nine months ended September 30, 2023, the company reported a net income of $4,202,024, with interest income of $9,027,924 and total expenses of $4,825,900[135]. Cash and Investments - As of September 30, 2024, the company had cash, investments, and marketable securities held in the Trust Account totaling $51,996,271[142]. - The Company intends to use substantially all funds held in the Trust Account to complete its Business Combination, having withdrawn $520,930 of interest income for taxes as of September 30, 2024[147]. Business Combination and Extensions - The company held a special meeting on September 19, 2023, where stockholders approved an extension of the business combination deadline to January 19, 2024, with 9,239,192 shares redeemed for approximately $96,791,644[124]. - At the January 19, 2024 meeting, stockholders approved another extension to December 20, 2024, with 10,872,266 shares redeemed for approximately $115,489,643[128]. - The Company has until December 20, 2024, to consummate a Business Combination, with substantial doubt about its ability to continue as a going concern if not completed by this date[151]. Shareholder Agreements and Redemptions - The company entered into non-redemption agreements with third parties, agreeing to issue 1,610,000 Class A Shares in exchange for commitments not to redeem public shares[126]. - As of September 30, 2024, 4,757,884 shares of Class A common stock are presented at redemption value as temporary equity, reflecting the potential for mandatory redemption[161]. Expenses and Liabilities - The company incurred $14,181,568 in IPO transaction costs, including $4,973,868 in underwriting fees[138]. - The Company has a working capital deficit of $6,159,733 as of September 30, 2024, and has outstanding Working Capital Loans of $3,000,000[140]. - The Company incurred $270,000 for administrative support services for the nine months ended September 30, 2024, with $556,452 in accrued expenses[154]. - The underwriter earned a cash underwriting discount of $4,973,868 and a deferred underwriting discount of $8,704,270, which was waived on October 18, 2023[157]. - The Company may need additional financing to complete its Business Combination or to meet obligations if a significant number of public shares are redeemed[149]. Financial Advisory and Obligations - The Company has engaged Cohen & Company Capital Markets for financial advisory services, with fees based on a percentage of the proceeds from the Public Offering[159]. - The Company has a contractual obligation to pay a monthly fee of $30,000 for administrative services until the completion of the Business Combination or liquidation[154]. - The Company has no off-balance sheet financing arrangements as of September 30, 2024, and does not participate in transactions with unconsolidated entities[152]. Accounting Policies - The Company recognizes changes in the redemption value of Class A common stock immediately, adjusting the carrying value to equal the redemption value at the end of each reporting period[162].

Financial Performance - The company reported a net loss of $223,807 for the three months ended June 30, 2024, with general and administrative expenses of $626,004 and interest income of $664,259[107]. - For the six months ended June 30, 2024, the company had a net loss of $1,047,849, which included general and administrative expenses of $1,352,759 and interest income of $1,684,947[107]. - As of June 30, 2024, the company had a working capital deficit of $5,365,129[113]. - The Company incurred $180,000 for administrative support services for the six months ended June 30, 2024, with $466,452 in accrued expenses as of the same date[125]. Cash and Investments - As of June 30, 2024, the company had cash, investments, and marketable securities held in the Trust Account totaling $51,511,443[115]. - As of June 30, 2024, the Company withdrew $337,010 from the Trust Account to pay franchise and income taxes[120]. Public Offering and Financing - The company raised gross proceeds of $220,000,000 from its Public Offering of 22,000,000 units, with an additional $28,693,420 from the partial exercise of the over-allotment option[110]. - The company incurred $14,181,568 in IPO transaction costs, including $4,973,868 in underwriting fees[111]. - The underwriter earned a cash underwriting discount of 2% of the gross proceeds from the Public Offering, totaling $4,973,868, and a deferred underwriting discount of 3.5%, amounting to $8,704,270[128]. - The Company may need additional financing to complete its Business Combination or to redeem a significant number of public shares[122]. Shareholder Actions and Amendments - On September 19, 2023, stockholders approved a Charter Amendment extending the deadline for the initial business combination to January 19, 2024, with 9,239,192 shares redeemed for approximately $96,791,644[101]. - On January 19, 2024, stockholders approved a further extension to December 20, 2024, with 10,872,266 shares redeemed for approximately $115,489,643[104]. - The company entered into non-redemption agreements with third parties, agreeing to issue 1,610,000 Class A Shares in exchange for commitments not to redeem public shares[102]. Business Combination and Liquidation - The Company has until December 20, 2024, to consummate a Business Combination, after which a mandatory liquidation will occur if not completed[123]. - As of June 30, 2024, 4,757,884 shares of Class A common stock are presented at redemption value as temporary equity[131]. Debt and Obligations - The Company has a Promissory Note with the Sponsor, which was amended to increase the aggregate principal amount from $1,500,000 to $3,000,000[114]. - The Company plans to repay the Capital Contribution to Polar by issuing 1.0 share of Common Stock for each dollar of the Capital Contribution funded prior to the Closing[118]. Advisory and Internal Controls - The Company engaged Cohen & Company Capital Markets to provide financial advisory services, with fees based on a percentage of the proceeds from the Public Offering[130]. - There were no changes in internal control over financial reporting during the most recent fiscal quarter that materially affected the Company's internal controls[137].

Financial Performance - The company reported a net loss of $824,042 for the three months ended March 31, 2024, compared to a net income of $1,267,859 for the same period in 2023[130][131]. - The company has a working capital deficit of $4,958,974 as of March 31, 2024[136]. - The Company incurred $90,000 in administrative support fees for the three months ended March 31, 2024, with $376,451 in accrued expenses as of the same date[148]. Cash and Securities - As of March 31, 2024, the company had cash, investments, and marketable securities held in the Trust Account totaling $51,171,024[138]. - The Company intends to use substantially all funds in the Trust Account for completing the Business Combination, having withdrawn $13,170 for taxes during the period ended March 31, 2024[142]. Share Redemptions - On September 19, 2023, stockholders redeemed 9,239,192 shares of Class A common stock for approximately $96,791,644 at a redemption price of $10.4762 per share[124]. - Following the January 19, 2024 meeting, stockholders redeemed 10,872,266 shares of Class A common stock for approximately $115,489,643 at a redemption price of $10.6224 per share[127]. - The company recorded an excise tax liability of $967,916 calculated as 1% of the shares redeemed on September 19, 2023[124]. - As of March 31, 2024, the Company has 4,757,884 shares of Class A common stock presented at redemption value as temporary equity, compared to 15,630,150 shares at December 31, 2023[155]. Business Combination Plans - The company plans to extend the deadline for consummating its initial business combination to December 20, 2024[127]. - The Company has until December 20, 2024, to consummate a Business Combination, with substantial doubt about its ability to continue as a going concern if not completed by this date[145]. - The Company may need additional financing to complete the Business Combination or to meet obligations if a significant number of public shares are redeemed[144]. - The company has entered into non-redemption agreements with third parties, agreeing to issue 1,112,500 Class A Shares at the time of the initial business combination[128]. Financing and Liabilities - The company incurred $14,181,568 in IPO transaction costs, including $4,973,868 in underwriting fees[134]. - The underwriter earned a cash underwriting discount of $4,973,868 and a deferred underwriting discount of $8,704,270, which was waived on October 18, 2023[151]. - The Company has outstanding Working Capital Loans totaling $2,425,000 as of March 31, 2024[137]. - The Company has no long-term debt obligations or liabilities other than those specified in the contractual obligations[147]. - The Company has no off-balance sheet financing arrangements as of March 31, 2024, and does not participate in transactions with unconsolidated entities[146]. Accounting and Valuation - The Company recognizes changes in the redemption value of Class A common stock immediately, adjusting the carrying value to equal the redemption value at the end of each reporting period[156]. - The Company has engaged Cohen & Company Capital Markets for financial advisory services, with fees amounting to 0.3% of the aggregate proceeds of the Public Offering[152].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (Mark One) FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-41168 FTAC EMERALD ACQUISITION CORP. (Exact Name of Registrant as Specified in Its Charter) Delaware 86-2170416 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-41168 FTAC EMERALD ACQUISITION CORP. (Exact Name of Registrant as Specified in Its Charter) Delaware 86-2170416 (State or other jurisdi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended June 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-41168 FTAC EMERALD ACQUISITION CORP. (Exact Name of Registrant as Specified in Its Charter) | Delaware | 86-2170416 | | --- | --- | | (State ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended March 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-41168 FTAC EMERALD ACQUISITION CORP. (Exact Name of Registrant as Specified in Its Charter) | Delaware | 86-2170416 | | --- | --- | | (Stat ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-41168 FTAC EMERALD ACQUISITION CORP. (Exact Name of Registrant as Specified in Its Charter) Delaware 86-2170416 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended September 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-41168 FTAC EMERALD ACQUISITION CORP. (Exact Name of Registrant as Specified in Its Charter) | --- | --- | |---------------------------- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended June 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-41168 FTAC EMERALD ACQUISITION CORP. (Exact Name of Registrant as Specified in Its Charter) | --- | --- | |--------------------------------- ...