Advised Seamless Group Inc. ("Seamless") on its business combination with INFINT Acquisition Corporation ("INFINT"), a Cayman Islands special purpose acquisition company listed on NASDAQ, resulting in the combined entity now known as "CURRENC Group Inc." The transaction, which completed on 30 August 2024, valued the combined entity at a pro forma implied enterprise value of approximately US$400 million. CURRENC Group Inc. commenced trading on NASDAQ on 3 September 2024.
Seamless Group Inc. pioneers a global fintech banking platform for e-wallets, financial institutions and merchants worldwide, delivering frictionless real-time, cost efficient fund transfers. INFINT is a Special Purpose Acquisition Corporation (SPAC) company on a mission to bring the most promising financial technology company from North America, Asia, Latin America, Europe and Israel to the U.S. public market.
A team of lawyers based in the firm's Hong Kong office, led by Partner and head of the Corporate practice in Asia, Matt Roberts and assisted by Corporate Legal Manager, Clare Tsang, acted as Cayman Islands counsel to Seamless. Nelson Mullins Riley & Scarborough LLP acted as US legal advisor to Seamless.Greenberg Traurig, LLP acted as US legal advisor to INFINT.