INFINT Acquisition files amended form with SEC for business combination with Seamless Group
Acquiring Company
INFINT Acquisition Corporation
Acquired Company
Seamless Group
TorontoFinancial ServicesFintechFinancial ServicesFintechLendingDescription
INFINT Acquisition has filed an amended Form S-4 with the SEC outlining its proposed business combination with Seamless Group, a global fintech platform. The terms of the deal include the SPAC issuing new shares and warrants, with aggregate consideration consisting of 40 million shares at $10 each. If approved by the SPAC’s shareholders, Seamless will be rebranded and is expected to trade on the Nasdaq, expanding its reach and operations.
Quick answer
INFINT Acquisition Corporation is acquiring Seamless Group, announced April 22, 2024.
- How much did INFINT Acquisition Corporation pay for Seamless Group?
- The deal value was not disclosed.
- What does INFINT Acquisition Corporation do?
- INFINT Acquisition Corporation is a Special Purpose Acquisition Corporation (SPAC) company aiming to bring the most promising financial technology company from multiple regions to the U.S. public market.
- Where are INFINT Acquisition Corporation and Seamless Group based?
- Seamless Group is based in Toronto, Ontario, Canada.
Source: Fundz verified event record.
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Frequently asked
Who acquired Seamless Group?
Seamless Group was acquired by INFINT Acquisition Corporation. The deal was reported on April 22, 2024. INFINT Acquisition Corporation is a Special Purpose Acquisition Corporation (SPAC) company aiming to bring the most promising financial technology company from multiple regions to the U.S. public market. INFINT Acquisition Corporation is privately held and operates in Financial Services.
When did INFINT Acquisition Corporation acquire Seamless Group?
INFINT Acquisition Corporation's acquisition of Seamless Group was reported on April 22, 2024. INFINT Acquisition has filed an amended Form S-4 with the SEC outlining its proposed business combination with Seamless Group, a global fintech platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Seamless Group do?
Seamless Group is a global fintech platform operating in more than 150 countries. It offers a seamless banking platform for its customers. It is privately held, operating in Financial Services, and is based in Toronto.
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