Infinite Acquisition Corp.
NFNT
New York Stock Exchange10.84
USD
+0.01
- -
CIK
0001862327
CUSIP
G48028107
Return %
Stock
S&P500
1Y
6.70
26.53
3Y
10.45
76.60
5Y
10.45
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Kevin Durant
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 660 Madison Avenue New York City NY United States of America 10065
- IPO Date
- Jan 10, 2022
- CIK
- 0001862327
- Website
- infiniteacquisitioncorp.com
- Similar Companies
- Business
- Infinite Acquisition Corp. Infinite Acquisition Corp. is a blank check company, or special purpose acquisition corporation (SPAC), whose principal business strategy involves effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar initial business combination with one or more businesses. The company, incorporated in 2021 as a Cayman Islands exempted company, maintains its headquarters in New York, New York, and targets promising financial technology companies from North America, Asia, Latin America, Europe and Israel for potential public market entry via U.S. listing. It operates without significant ongoing operations or revenue generation prior to completing a business combination, focusing instead on identifying and pursuing opportunities in the rapidly evolving global fintech sector driven by digital infrastructure advancements. The company offers no core products or services beyond its SPAC structure, which provides merger-ready vehicles including Class A ordinary shares and units for public investors seeking exposure to pre-identified business combinations; it holds investor funds in trust pending deal completion and supports separate trading of public shares and warrants post-IPO. Geographically, Infinite Acquisition Corp. conducts its activities primarily through U.S. public markets such as the NYSE, while scouting targets across multiple continents with emphasis on international fintech innovators serving legal, healthcare, automotive, financial and related fields. In recent developments, Infinite Acquisition Corp., operating under the ticker INFINT in some contexts, announces its intention to voluntarily delist its units and Class A ordinary shares from the NYSE conditional upon consummating a pending business combination with Seamless Group, Inc., after which the combined entity adopts the name CURRENC Group Inc. with shares expected to trade on Nasdaq; this follows SEC effectiveness of its Form S-4 registration statement in July 2024 and reflects a strategic shift from standalone SPAC status to fintech-focused public company. The company completed its initial public offering in January 2022, raising funds through 27.6 million units at $10.00 each, distinct from an earlier iteration that redeemed shares in October 2023 without a deal closure. These moves underscore ongoing efforts to execute a transformative merger amid a dynamic post-pandemic environment favoring fintech growth.
Infinite Acquisition Corp. will redeem its Class A Ordinary Shares and will not consummate an initial business combination
Infinite Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing January 10, 2022
Infinite Acquisition Corp. Announces Closing of Upsized $276 Million Initial Public Offering
Infinite Acquisition Corp. Announces Pricing of Upsized $240 Million Initial Public Offering