FinTech Acquisition Corp. (FNTC) and CardConnect®, announced that the companies are postponing the conference call originally scheduled for this afternoon, March 14, 2016, due to restrictions on communications under federal securities laws.

An announcement with the new date and time of the rescheduled conference call will be provided after FinTech Acquisition Corp. has publicly filed its registration statement on Form S-4 relating to the proposed merger.

About CardConnect

CardConnect (cardconnect.com) is a leading provider of payment processing and technology services that helps more than 60,000 merchants across the U.S., from Fortune 500 companies to small and mid-sized businesses, accept billions of dollars in card transactions each year. The company’s patented tokenization and gateway solutions make payment acceptance simple, integrated and secure.

About FinTech Acquisition Corp.

FinTech Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. In February 2015, FNTC consummated a $100 million initial public offering (the “IPO”) of 10 million units, each unit consisting of one share of common stock and one redeemable common stock purchase warrant, at a price of $10.00 per unit. Simultaneously, FNTC consummated the sale of 300,000 units at a price of $10.00 per unit in a private placement that generated gross proceeds of $3,000,000. FNTC’s securities are quoted on the NASDAQ stock exchange under the ticker symbols FNTC, FNTCW and FNTCU.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "expect", "estimate", "plan", "outlook", and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Additional factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in FNTC’s most recent annual report on Form 10-K and subsequently filed quarterly reports on Form 10-Q and current reports on Form 8-K, which are available, free of charge, at the SEC’s website at www.sec.gov, and will also be provided in the registration statement on Form S-4 and FNTC’s proxy statement/prospectus when available. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and FNTC and CardConnect undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Gregory FCAJoe Hassett, 610-228-2110joeh@gregoryfca.com

CardConnect Corp. (NASDAQ:FNTCU)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more CardConnect Corp. Charts.
CardConnect Corp. (NASDAQ:FNTCU)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more CardConnect Corp. Charts.