AGBA Group Holding Ltd (NASDAQ:AGBA) shares are trading higher Tuesday after the company highlighted plans for its merger with Triller.
The Details
Agba offered more details regarding the merger Tuesday and said the combined company will focus on three areas of execution: scaling up to leverage fast-emerging opportunities, developing monetization capabilities through advanced technologies and marketing strategies and identifying and executing strategic acquisitions and partnerships.
The previously announced merger will result in a combined company valued at approximately $4 billion and Triller will be a wholly-owned subsidiary of Agba.
Agba shares are moving on heavy trading volume Tuesday with more than 77 million shares already traded in the session. According to data from ...