Fintech Ecosystem Development Corp. Units, each consisting of one shares of Class A common stock, one right and one-half of one redeemable warrant NASDAQ NASDAQ NASDAQ NASDAQ false 0001852407 0001852407 2023-07-24 2023-07-24 0001852407 us-gaap:CapitalUnitsMember 2023-07-24 2023-07-24 0001852407 us-gaap:CommonClassAMember 2023-07-24 2023-07-24 0001852407 us-gaap:WarrantMember 2023-07-24 2023-07-24 0001852407 us-gaap:RightsMember 2023-07-24 2023-07-24

 

 

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): July 24, 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

(Registrant’s 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
Symbol(s)

 

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 July 24, 2023, Fintech Ecosystem Development Corporation (the “Company”) issued a press release announcing that on July 24, 2023, its sponsor, Revofast LLC, deposited $110,000 into the Company’s trust account to extend the date by which the Company must consummate an initial business combination (the “Deadline Date”) from July 21, 2023, for an additional month, to August 21, 2023, the fourth 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 July 24, 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: July 24, 2023