AGBA ADVANCES TOWARD COMPLETION OF THE TRILLER MERGER
AGBA  AGBA (US:AGBA) GlobeNewswire News Room·2024-10-11 11:00

Core Viewpoint - The merger between AGBA Group Holding Limited and Triller Corp. is set to close on October 14, 2024, pending final Nasdaq approval, aiming to enhance innovation and market presence in the digital economy [1][2]. Group 1: Merger Details - The merger is expected to accelerate innovation and facilitate rapid growth, creating significant value for stakeholders [2]. - A reverse stock split of 4 to 1 will occur to comply with Nasdaq rules, effective after business closes on October 14, 2024 [3]. - Following the reverse stock split, shares will trade under the new symbol ILLR on Nasdaq starting October 15, 2024 [3]. Group 2: Company Profiles - AGBA is a multi-channel business platform established in 1993, offering financial services and healthcare products through machine-learning technologies, serving over 400,000 customers [5]. - Triller Corp. is an AI-powered social media and live-streaming platform that integrates music, sports, and entertainment, utilizing proprietary technology to enhance content reach [6].

AGBA -AGBA ADVANCES TOWARD COMPLETION OF THE TRILLER MERGER - Reportify