New York, NY – December 2, 2021 – Ortoli Rosenstadt LLP, a New York full-service international law firm, today announced that it represented EF Hutton, a division of Benchmark Investments, LLC, as the representative of the underwriters in the closing of an approximately $200 million initial public offering for InFinT Acquisition Corp., a newly organized special purpose acquisition company, of 20,000,000 units at a public offering price of US$10.00 per unit. Each unit consisted of one Class A ordinary share and one-half of a warrant to purchase a Class A ordinary share for $11.50. The units commenced trading on the New York Stock Exchange on November 19, 2021 under the ticker symbol “IFIN.U”, and we expect that the Class A ordinary shares and warrants will be listed on the NYSE under the symbols “IFIN” and “IFIN.WS”, respectively.
“We are pleased to congratulate InFinT Acquisition Corp. on their commencement on the Nasdaq Market,” commented Partner William Rosenstadt. “As a firm, we are confident they will make an excellent public company, and we are proud to have helped them reach this milestone.”
The Ortoli Rosenstadt LLP team included Partners William Rosenstadt and Jason Ye and Counsel Tim Dockery.
