INFINT to merge with Seamless Group in $400M all-stock business combination

Currenc Group Inc.

Consideration of $400M in INFINT shares at $10.00 per share to Seamless shareholders.
Seamless must divest TNG Asia, Future Network Technology, and GEA Holdings before closing.
Seamless to relocate headquarters from Hong Kong to Singapore prior to closing.
Lock-up of 6 months for Seamless shareholders' INFINT shares after closing.
Outside date for deal is November 23, 2022, extendable to February 23, 2023 with deposit.

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