Welcome to our dedicated page for InFinT Acquisition Corporation news (Ticker: IFIN), a resource for investors and traders seeking the latest updates and insights on InFinT Acquisition Corporation stock.
The IFIN news page on Stock Titan provides historical coverage of INFINT Acquisition Corporation and its transformation into Currenc Group Inc. through its business combination with Seamless Group Inc. Press releases describe INFINT as a special purpose acquisition company (SPAC) focused on bringing a promising global financial technology company to the U.S. public market, and Seamless as a leading global fintech platform operating a digital banking ecosystem for e-wallets, financial institutions and merchants.
News items trace the full lifecycle of IFIN’s transaction with Seamless, from the signing of the definitive business combination agreement to the filing of a registration statement on Form S-4 and subsequent shareholder and regulatory milestones. Coverage includes announcements about extensions of the business combination deadline, appointment of key executives at Seamless, and the ultimate completion of the business combination, after which the combined company operates as Currenc Group Inc. with ordinary shares trading on Nasdaq under the ticker CURR.
In addition to transaction-related updates, the news feed highlights INFINT’s and Seamless’ descriptions of their strategic focus. These include Seamless’ emphasis on global digital money transfer services, financial access for unbanked populations and migrant workers, and cross-border digital remittances and cashless payment solutions, as well as INFINT’s stated belief that major opportunities lie in the global fintech space.
For readers analyzing IFIN news today, this page functions as an archive that explains how the SPAC’s activities led to the creation of Currenc Group Inc. and its Nasdaq listing. By reviewing these historical articles, investors can understand the rationale behind the business combination, the characteristics attributed to Seamless’ fintech platform, and the corporate steps that transitioned IFIN from a SPAC into part of the Currenc Group Inc. structure.
Seamless Group Inc., a prominent global fintech platform, has finalized its business combination with INFINT Acquisition , a special purpose acquisition company (SPAC). The newly formed entity, CURRENC Group Inc., will start trading on Nasdaq under the ticker symbol 'CURR' on September 3, 2024.
Leadership remains unchanged with Ronnie Ka Wah Hui, Alexander King Ong Kong, and Hagay Ravid continuing in their respective positions as CEO, Executive Chairman, and CFO. Ronnie Ka Wah Hui expressed confidence in the listing's potential to boost CURRENC's market expansion and image.
Alexander Edgarov, CEO of INFINT, lauded the completion of the transaction, highlighting the strategic value and future growth potential for CURRENC, aiming to become a leading global remittance hub.
INFINT Acquisition has announced its intention to voluntarily delist its units and Class A ordinary shares from the New York Stock Exchange (NYSE), contingent upon the completion of its pending business combination with Seamless Group Inc. This decision is driven by the company's plan to change its name to CURRENC Group Inc. and list on the Nasdaq Stock Market under the symbol 'CURR'. The last day of trading on NYSE is expected to be around August 20, 2024, with Nasdaq trading anticipated to commence on August 21, 2024. This transition is subject to the successful closing of the business combination and meeting all Nasdaq listing requirements.
INFINT Acquisition has announced its intention to voluntarily delist its units and Class A ordinary shares from the NYSE American , conditional upon the completion of its pending business combination with Seamless Group Inc. This decision is driven by the company's plan to change its name to CURRENC Group Inc. post-merger, with expectations to trade on the Nasdaq Stock Market under the symbol 'CURR'.
The transition is anticipated to occur around August 21, 2024, with the last day of trading on NYSE American expected to be August 20, 2024. This move is subject to the successful closing of the business combination and meeting all Nasdaq listing requirements.
INFINT Acquisition Corporation (NYSE: IFIN) has cancelled its extraordinary general meeting scheduled for November 22, 2022, and retracted proposals from its November 2, 2022, Definitive Proxy Statement. Notably, Seamless Group Inc. will deposit $2,999,982 into the Company’s trust account on the same date to extend the deadline for a business combination from November 23, 2022, to February 23, 2023. This strategic move indicates INFINT's commitment to securing a merger with a promising fintech entity, reflecting their focus on future growth in the rapidly evolving digital landscape.
Seamless Group Inc. appoints Haggai Ravid as Chief Financial Officer, effective immediately, as it advances its business combination with INFINT Acquisition Corporation (NYSE: IFIN). Ravid brings nearly two decades of financial leadership experience, previously serving as CEO at Cukierman & Company Investment House. His expertise in optimizing financial operations and driving growth is expected to enhance shareholder value. CEO Ronnie Hui emphasizes Ravid's fit within the company culture and his pivotal role in the transition to a publicly traded entity.
INFINT Acquisition Corporation (NYSE: IFIN) has filed a registration statement with the U.S. Securities and Exchange Commission for its proposed business combination with Seamless Group Inc.. This transaction, valued at $400 million, is set for completion in the first quarter of 2023, pending shareholder approval. Seamless, an EBITDA positive company with $59.1 million cash as of June 30, 2022, focuses on digital money transfer services. The registration statement includes crucial information about both entities and their future prospects.
Seamless Group Inc. and INFINT Acquisition Corporation announced a definitive business combination agreement valuing Seamless at
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