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And it shall come to pass in the last days, saith God, I will pour out of my Spirit upon all flesh: and your sons and your daughters shall prophesy, and your young men shall see visions, and your old men shall dream dreams:
And it shall come to pass, that whosoever ° shall call on the name of the Lord shall be saved.

New Defender's Study Bible Notes

2:16 this is that. Peter here assures these devout Jews that this strange set of phenomena (the wind, the cloven tongues like fire, the preaching in many languages) was not an occult pagan manifestation of some kind, but an actual fulfillment of an important Old Testament prophecy, as found in Joel 2:28-32.

2:17 in the last days. This “last days” prophecy of Joel was fulfilled at Pentecost only in a precursive sense. Its complete fulfillment must await the time of the end (see its continuation in Joel 3). Thus Peter’s statement: “This is that” (Acts 2:16) should be understood in the sense of “This is like that.”

2:21 whosoever shall call. This application of Joel’s prophecy, as found in Joel 2:32, is valid in both its precursive and final fulfillments. See also Paul’s use of it in Romans 10:13.

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