Pico to Go Public Through Combination with FTAC Athena Acquisition Corp

Fazzaco learned that Pico, a leading provider of technology services for the financial markets community globally, has entered into a merger agreement with FTAC Athena Acquisition Corp. (NASDAQ: FTAA) to become a publicly traded company. 

According to the official press release, upon closing of the transaction, the combined company will operate as Pico and is expected to be listed on NASDAQ.

Founded in 2009, Pico offers comprehensive financial services trading cloud infrastructure with mission critical exchange connectivity spanning 45 data centers traversing all key global markets in the Americas, Europe and Asia. Its resilient proprietary network, PicoNetTM is a globally comprehensive, low-latency and fully redundant network interconnecting all major financial data centers around the world including all major public cloud providers. The combination of Pico’s global infrastructure and data services with its artificial intelligence solution Corvil Analytics, equips clients with a comprehensive suite of cutting-edge solutions to meet their global trading needs.

“Pico is at the frontier of modernizing the financial ecosystem by providing global connectivity and market insight solutions for its customers and we look forward to working together in order to build long-term value for our stockholders,” said Betsy Cohen, Chairman of the Board of FTAC Athena.