Breaking News: AGBA Files Preliminary Proxy Statement for $4 Billion Merger with Triller Corp.
Date: June 12, 2024
In a significant development, AGBA (Advanced Gaming Brain Algorithm) has filed its preliminary proxy statement with the Securities and Exchange Commission (SEC) for its shareholder meeting to approve the highly anticipated merger with Triller Corp. The proposed transaction is valued at a whopping $4 billion, marking one of the largest acquisitions in the gaming industry’s history.
According to the proxy statement, the merged entity will be a dominant player in the global gaming market, with a unique focus on AI-powered games and immersive experiences. The deal is expected to boost AGBA’s intellectual property portfolio, expand its global reach, and leverage Triller’s expertise in music and entertainment.
"Today marks a major milestone in our journey to redefine the gaming landscape," said [Name], CEO of AGBA. "We are thrilled to file our proxy statement and embark on this exciting new chapter with Triller Corp. Our combined strengths will propel us to new heights and deliver unparalleled experiences to our fans worldwide."
The shareholder meeting is scheduled to take place on [Date], where AGBA shareholders will vote on the proposal to approve the merger. The deal is expected to close in the third quarter of 2024, subject to regulatory approvals and other customary closing conditions.
Key Highlights:
- AGBA proposes $4 billion merger with Triller Corp.
- Merged entity to become a dominant player in global gaming market
- Increased focus on AI-powered games and immersive experiences
- Boost to AGBA’s intellectual property portfolio
- Expansion of global reach and leveraging of Triller’s expertise in music and entertainment
Related Stories:
- AGBA and Triller Corp. Announce $4 Billion Merger (January 2024)
- AGBA’s Innovative AI-Powered Games Attract Global Attention (September 2023)
- Triller Corp. Poised for Expansion with Strong Music and Entertainment Portfolio (June 2023)
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- Gaming Industry News
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- Immersive Experiences
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- Triller Corp. Music and Entertainment
- Advanced Gaming Brain Algorithm
- AGBA Shareholders Meeting
- SEC Proxy Statement
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Source: AGBA News Release, SEC Filing
Stay tuned for more updates on this developing story!
$AGBA – on June 12, 2024, the company filed its preliminary proxy statement for its shareholder meeting to approve its $4,000,000,000 merger of AGBA and Triller Corp.
https://finance.yahoo.com/news/agba-triller-4bn-merger-group-122000311.html
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