NEW YORK--(BUSINESS WIRE)--INFINT Acquisition Corporation (the “Company”) announced today that it priced its initial public offering of $173.9 million, consisting of 17,391,200 units at $10.00 per unit. The units will be listed on the New York Stock Exchange (“NYSE”) and are expected to begin trading today, Friday, November 19, 2021, under the ticker symbol “IFIN.U”. Each unit consists of one of the Company’s Class A ordinary shares and one-half of one redeemable warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the NYSE under the symbols “IFIN” and “IFIN.WS” respectively.
The Company is a blank check company formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any business or industry, it intends to focus on the financial software and information services companies operating at the intersection of the financial and business services sectors (“financial technology”). The Company is led by its Chief Executive Officer, Sasha Edgarov.
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