INFINT Acquisition Corporation Announces Closing of Initial Public Offering and Exercise of Full Over-Allotment Option

Nov 23, 2021

INFINT Acquisition Corporation (the "Company") announced today the closing of its initial public offering of 17,391,200 units at $10.00 per unit. Each unit consists of one of the Company’s Class A ordinary shares and one-half of one redeemable warrant. Each warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. The underwriters exercised their over-allotment option in full for an additional 2,608,680 units at the time of the closing of the Offering. As a result, the aggregate gross proceeds of the offering, including the over-allotment, are $199,998,800, prior to deducting underwriting discounts, commissions, and other offering expenses.

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