secwatch / observer
8-K filed February 23, 2023, 6:59 PM ET ticker CURR CIK 0001862935
other material confidence high sentiment neutral materiality 0.60

INFINT and Seamless amend business combination agreement, extend outside date to Aug 23, 2023

Currenc Group Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Currenc Group Inc. amended Business Combination Agreement (Amendment No. 3) with INFINT Acquisition Corporation, FINTECH Merger Sub Corp., Seamless Group Inc. valued at $290,000 (effective 2023-02-20).

Action
amendment
Agreement
merger
Counterparty
INFINT Acquisition Corporation, FINTECH Merger Sub Corp., Seamless Group Inc.
Value
$290,000
Effective
2023-02-20
Exact text from the filing
On February 20, 2023, the aforementioned parties entered into an amendment to the Business Combination Agreement (“Amendment No. 3”) to, among other matters, amend and restate: (1) Section 7.18 of the Business Combination Agreement to provide that INFINT can call an extraordinary general meeting of its shareholders regarding the INFINT Extension Proposal (as such term is defined in the Business Combination Agreement) to be held prior to August 23, 2023, if INFINT determines in good faith and in consideration of all relevant factors that it is probable that the business combination will not be consummated prior to August 23, 2023 and provides proper notice to Seamless; (2) Section 9.01(b) of the Business Combination Agreement to amend the last date on which INFINT must complete the business combination, from February 23, 2023 to August 23, 2023 (the “Outside Date”) provided that the Outside Date will be automatically extended, without any further action by any party, upon approval by th
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Currenc Group Inc. filing history →

Source: SEC EDGAR
accession 0001493152-23-005867
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