Binanor to investigate the circumstances of the merger agreement between Triller Hold and AGBA (NEUTRAL)
24.10.2024
Source: Bianor Holding; FFBH
Bianor Holding (BNR) revealed that it has received 311 957 shares of Triller Group Inc., established as a result of the merger agreement between U.S. private company Triller Hold Co LLC, in which BNR had 0.22% equity interest, and AGBA Group Holding Limited. Recently, BNR announced that it would hold 402 520 shares of the new company after the merger and the reverse split. According to the statement, the BNR’s calculations were based on official documents received from Triller, which clearly stated the methodology for converting the shares and the conversion ratio of 0.3131. In relation to the discrepancy in the information received by Bianor, the company took measures to clarify the circumstances with Triller Group Inc. as soon as possible.