INFINT Acquisition filed a Form S-4 with the SEC outlining its proposed business combination with Seamless Group, a global fintech platform.
If the SPAC’s shareholders approve, Seamless will be rebranded and is expected to trade on the Nasdaq.
Assuming no redemptions by INFINT shareholders, the combined company will have up to $189 million of cash on its balance sheet following the transaction. The deal is expected to close in the first quarter of 2023.
The Seamless banking platform operates in more than 150 countries. Read more.
