INFINT Acquisition 2, a blank check company targeting the financial technology sector, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.
The company plans to raise $100 million by offering 10 million units at $10. Each unit consists of one share of common stock and one right to receive one-tenth of a share upon the completion of an initial business combination.
INFINT Acquisition 2 is led by CEO, CFO, and Director Alexander Edgarov, who currently serves as a Principal at Sapta Group. The SPAC plans to target the financial technology sector, focusing on businesses that serve subsectors including banking & payments, capital markets, data & analytics, insurance, and investment management.
Management's previous SPAC, InFinT Acquisition, completed it combination with digital payment platform Currenc Group (CURR; -94% from $10 offer price) in 2024.
The New York, NY-based company was founded in 2024 and plans to list on the Nasdaq but has not selected a symbol yet (RC ticker: INFTU.RC). Roth Capital is the sole bookrunner on the deal.
