NEW
YORK, Nov. 10, 2022 /PRNewswire/ -- AGBA
Acquisition Limited (NASDAQ: AGBA, the "Company"), a special
purpose acquisition company, announced today that all proposals
presented to shareholders at the special meeting of shareholders
held on November 9, 2022 at
9:00 p.m. Eastern Time relating to
AGBA's business combination with TAG Holdings Limited were approved
by shareholders. Holders of AGBA's ordinary shares that
elected to redeem shares in connection with AGBA's special meeting
of stockholders may withdraw such redemption requests by no later
than 12:00 p.m. Eastern Time on
November 11, 2022. A total of
3,339,229 shares were tendered for redemption in connection the
special meeting of shareholders. The final redemption price
is $11.617 per share redeemed.
About AGBA Acquisition Limited
AGBA Acquisition Limited is a British
Virgin Islands company incorporated as a blank check company
for the purpose of entering into a merger, share exchange, asset
acquisition, share purchase, recapitalization, reorganization or
similar business combination with one or more businesses or
entities. The Company's efforts to identify a prospective target
business will not be limited to a particular industry or geographic
region, although the Company intends to focus on operating
businesses in the healthcare, education, entertainment and
financial services sectors that have their principal operations in
China.
Forward-Looking Statements
This press release includes forward-looking statements that
involve risks and uncertainties. Forward looking statements are
statements that are not historical facts. Such forward-looking
statements, including the successful consummation of the Company's
initial public offering, are subject to risks and uncertainties,
which could cause actual results to differ from the forward looking
statements. The Company expressly disclaims any obligations or
undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change
in the Company's expectations with respect thereto or any change in
events, conditions or circumstances on which any statement is
based.
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SOURCE AGBA Acquisition Limited