INFINT Acquisition Corp to Delist from NYSE American LLC in Anticipation of Seamless Group Inc. Merger
NEW YORK, NEW YORK — INFINT Acquisition Corporation INFINT has made a significant announcement on August 9, 2024, regarding its strategic direction amidst a proposed business combination with Seamless Group Inc. SEAMLESS. The company has publicly declared its intention to voluntarily withdraw its units from the NYSE American LLC, a move that is predicated upon the successful completion of its pending merger with Seamless.
Reasons Behind the Intended Delisting
INFINT Acquisition Corporation's decision to delist stems from a strategic initiative to streamline operations post-merger. It reflects an anticipated change in the entity's structure and market strategy following the integration with Seamless Group Inc., with the goal of fostering growth and optimizing shareholder value as a combined entity.
Impact on Shareholders and Trading
Shareholders of INFINT Acquisition Corporation are advised to monitor developments closely as the delisting is contingent on the consummation of the merger. The successful merger and subsequent delisting will mark a new era for the business, changing the landscape of trading activities for the shareholders currently invested in the company's units on the NYSE American.
delisting, merger, acquisition