AGBA/Triller $4bn Merger: Excellent Progress Ahead of Plan
May 21 2024 - 8:00AM
NASDAQ-listed, AGBA Group Holding Limited (“AGBA” or the “Company”
or the “Group”), AGBA reports that on May 16, 2024, Triller Corp
delivered to its stockholders a notice pursuant to Section 228(e)
of the Delaware General Corporation Law, laying out specific
details of the proposed merger between Triller and AGBA.
The AGBA/Triller merger was approved on April
16, 2024, by written consent of stockholders holding over 63% of
Triller’s voting common stock. Triller also reported that on May 6,
2024, it withdrew the S-1 registration statement it had on file
with the SEC for its prior proposed direct listing. Triller now
fully focuses on pooling its resources and attention towards
completing the proposed merger with AGBA within a short
timetable.
AGBA is making excellent progress in preparing
its proxy statement regarding the proposed merger. AGBA expects to
file its preliminary proxy statement with the SEC in early June
2024.
At the same time, AGBA is also working closely
with Triller’s team in reviewing and updating the overall business
plans, budgets and projections post-merger taking advantages of the
unprecedented opportunities emerging from the markets the combined
group will be operating in.
For more details, please visit
www.agba.com/ir.
# # #
About AGBA Group:
Established in 1993, AGBA Group Holding Limited
(NASDAQ: “AGBA”) is a leading one-stop financial supermarket based
in Hong Kong offering the broadest set of financial services and
healthcare products in the Guangdong-Hong Kong-Macao Greater Bay
Area (GBA) through a tech-led ecosystem, enabling clients to unlock
the choices that best suit their needs. Trusted by over 400,000
individual and corporate customers, the Group is organized into
four market-leading businesses: Platform Business, Distribution
Business, Healthcare Business, and Fintech Business.
For more information about AGBA, please visit
www.agba.com
Investor Relations and Media Contact:
Ms. Bethany Laimedia@agba.com/ ir@agba.com+852 5529 4500 |
Social Media Channels:
agbagroupLinkedIn | X | Instagram | Facebook | YouTube |
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