Agba acquisition limited announces additional contribution to trust account to extend period to consummate business combination

New york , aug. 12, 2022 /prnewswire/ -- agba acquisition limited (nasdaq: agba, the "company"), a special purpose acquisition company, announced today that agba holding limited, the company's initial public offering sponsor ("sponsor"), has deposited into the company's trust account (the "trust account") an aggregate of $504,430.65 (representing approximately $0.15 per ordinary share), in order to extend the period of time the company has to complete a business combination for an additional three (3) months period, from august 16, 2022 to november 16, 2022. the company issued a promissory note to sponsor with a principal amount equal to the amount deposited.
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