Item 8.01. Other Events.
On December 19, 2022, FTAC Zeus Acquisition Corp. (the "Company") issued a press
release announcing its decision to cancel its special meeting of stockholders
that was scheduled for December 21, 2022 and to withdraw from consideration by
the stockholders of the Company the proposals set forth in the Company's
Definitive Proxy Statement on Schedule 14A filed with the Securities and
Exchange Commission on November 16, 2022. The Company decided to cancel the
meeting because the amount of redemption requests it received would have
resulted in the trust account falling below $125 million. The Company had
previously announced that it did not anticipate proceeding with the meeting if
the trust account would fall below the $125 million threshold. The Company
intends to continue in its purpose of consummating an initial business
combination prior to its scheduled termination date in August 2023.
A copy of the press release is attached as Exhibit 99.1 to this Current Report
on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
1
© Edgar Online, source Glimpses