Business Context and Reporting Period
This Form 8-K is filed by INFINT Acquisition Corporation (not Currenc Group Inc.) on November 22, 2022. The registrant is a Cayman Islands-based special purpose acquisition company (SPAC) listed on the New York Stock Exchange under the symbols IFIN, IFIN.U, and IFIN.WS. The report addresses the cancellation of a scheduled extraordinary general meeting and an automatic extension of the deadline to consummate a business combination.
Key Financial Metrics
This filing does not contain standard financial statements, revenue, profit, or cash flow data. The only specific financial figure disclosed is a capital contribution related to the extension of the trust account:
- Trust Account Deposit: $2,999,982 to be deposited by Seamless Group Inc. on November 22, 2022.
Information regarding debt, liquidity, and operating margins is not provided in this document.
Material Changes
The filing reports two significant corporate actions:
- Meeting Cancellation: The Company cancelled its extraordinary general meeting of shareholders scheduled for November 22, 2022, and withdrew the proposals contained in the Definitive Proxy Statement filed on November 2, 2022.
- Extension of Combination Deadline: Pursuant to the business combination agreement with Seamless Group Inc., the deadline to consummate the merger was automatically extended from November 23, 2022 to February 23, 2023.
Outlook, Risks, and Management Commentary
The filing includes a standard cautionary statement regarding forward-looking statements. Management notes that actual results may differ from expectations due to significant risks and uncertainties, including the timing of funding for the automatic deposit. The Company explicitly states it does not undertake any obligation to update these forward-looking statements to reflect future events or changes in circumstances.
Investor Verification Checklist
- Verify the status of the business combination agreement with Seamless Group Inc. following the extension to February 23, 2023.
- Confirm the receipt of the $2,999,982 deposit into the Company's trust account.
- Review the attached Press Release (Exhibit 99.1) for additional details on the rationale for cancelling the shareholder meeting.
- Monitor future filings for any revised timelines or termination of the merger agreement.