AGBA ACQUISITION LIMITED COMPLETES BUSINESS COMBINATION WITH TAG HOLDINGS LIMITED - AGBA Acq (NASDAQ:AGBA
- Pursuant to a Business Combination with TAG Holdings Limited and other parties, AGBA Acquisition Limited has completed its planned business combination.
- The post-combination company, which has taken on the name AGBA Group Holding Limited (AGBA), is expected to begin trading on NASDAQ on Tuesday, November 15, 2022.
- AGBA is now one of Hong Kong's leading full-service wealth management and fintech platform.
NEW YORK, Nov. 14, 2022 /PRNewswire/ -- AGBA Acquisition LimitedAGBA AGBAU, AGBAW, AGBAR), a special purpose acquisition company, announcedtoday that it has completed its business combination with TAG Holdings Limited (TAG) pursuant to the Business Combination Agreement, dated November 3, 2021, between it, TAG, and the other parties to the agreement (as amended) (the BusinessCombinationAgreement). Through an acquisition merger, AGBA has become the 100% owner of the issued and outstanding securities of each of TAG International Limited and TAG Asia Capital Holdings Limited (together, the TAG Business), each formerly wholly-owned subsidiaries of TAG. The business combination was approved by AGBA's shareholders at an extraordinary general meeting on November 10, 2022. The post-combination company has been renamed, AGBA Group Holding Limited and its ordinary shares and warrants are expected to begin trading on the Nasdaq Capital Market (Nasdaq) on November 15, 2023 under the ticker symbols AGBA and AGBAW respectively.
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