AGBA Acquisition (AGBA) has shared an update.
AGBA Group Holding Limited has entered into a significant merger agreement with Triller Corp., setting the stage for Triller to reorganize and AGBA to domesticate as a Delaware corporation. Upon completion, Triller will become a wholly-owned subsidiary of AGBA, with the merger consideration involving over 406 million shares of Delaware Parent common stock. The deal hinges on regulatory clearance, AGBA shareholder approval, and other conditions but is bolstered by substantial shareholder support. The merger aims to close as soon as possible, underlining both companies’ commitment to this strategic consolidation poised to reshape their market presence.
For detailed information about AGBA stock, go to TipRanks’ Stock Analysis page.
