Loeb Represents AGBA Acquisition in its $555 Million Business Combination with TAG International and TAG Asia Capital Holdings

Loeb & Loeb represented AGBA Acquisition Limited (AGBA), a special purpose acquisition company, in its $555 million business combination with TAG International Limited and TAG Asia Capital Holdings Limited. 

The business combination was approved by AGBA’s shareholders at an extraordinary general meeting of the shareholders on November 10, 2022. The post-combination company operates a leading full-service wealth management and fintech platform in Hong Kong under the name AGBA Group Holding Limited.  Its ordinary shares and warrants commenced trading on the Nasdaq Capital Market on November 15, 2022 under the ticker symbols "AGBA" and "AGBAW" respectively.
AGBA was the oldest active SPAC to have completed a business combination at the time. Loeb is proud to have successfully closed this de-SPAC transaction 42 months after AGBA’s initial public offering in May 2019. 

The Loeb deal team that represented AGBA Acquisition Limited in the transaction was led by Capital Markets & Corporate partners Lawrence Venick and Giovanni Caruso; Tax partner Shahrooz Shahnavaz; Capital Markets senior counsels Jane Tam and Ted Paraskevas; and included Corporate associate Simoné Hovsepian; and Capital Markets associates Rongwei Xie, Michael Tsang and Jeffrey Yeung. 
More information can be obtained from AGBA Acquisition Limited’s press release.