FEXD Fintech Ecosystem Development Corporation

Item 8.01. Other Events.

On January 18, 2022, Fintech Ecosystem Development Corp. (the “Company”) issued a press release, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K, announcing that the holders of the Company’s units (the “Units”) may elect to separately trade the shares of Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), warrants (the “Warrants”) and rights (the “Rights”) included in the Units commencing on January 11, 2022. Each Unit is composed of one share of Class A Common Stock, one right to receive one-tenth (1/10) of one share of Class A Common Stock upon the consummation of an initial business combination (a “Right”) and one-half of one redeemable warrant (a “Warrant”), each whole Warrant to purchase one share of Class A Common Stock. No fractional Warrants will be issued upon separation of the Units and only whole Warrants will trade.

Any Units not separated will continue to trade on The Nasdaq Global Market (“Nasdaq”) under the symbol “FEXDU”. The shares of Class A Common Stock, Warrants and Rights which are separated will trade on Nasdaq under the symbols “FEXD”, “FEXDW” and “FEXDR”, respectively. Holders of Units will need to have their brokers contact Continental Stock Transfer & Trust Company, our transfer agent, in order to separate the Units into shares of Class A Common Stock, Warrants and Rights.