InFinT Acquisition Corp. Class A (IFIN) has released an update.
INFINT Acquisition Corporation, a company incorporated in the Cayman Islands, has successfully extended the deadline to finalize its initial business combination from February 23, 2024, to November 23, 2024. This decision was endorsed by a significant majority of shareholders at the Extraordinary General Meeting held on February 16, 2024. Furthermore, during the approval process, some shareholders opted to redeem their shares for cash, leaving the company with approximately $53.97 million in its trust account to pursue the business combination.
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