INFINT Acquisition filed an amended proxy and prospectus for the issuance of 10,580,104 shares and 17,807,732 warrants as consideration of its deal with Seamless Group, a global fintech platform.
Aggregate consideration will consist of 40 million shares at $10 each.
The deal was announced in August 2022.
If the SPAC’s shareholders approve, Seamless will be rebranded and is expected to trade on the Nasdaq.
The Seamless banking platform operates in more than 150 countries. Read more.
