AGBA Group Holding Limited (AGBA) is experiencing a surge in its share price today after the company confirmed the completion of all steps leading to its merger with Triller Corp. This major move is set to finalize on October 14th, pending final approval from Nasdaq. As part of the merger, AGBA shares will undergo a 4-to-1 reverse stock split. The combined company is expected to begin trading under the new symbol ‘ILLR’ on the Nasdaq exchange on October 15th, 2024.
Triller is a prominent player in the digital landscape, offering an AI-powered social media and live-streaming platform for creators. The company also owns Triller Sports Bare-Knuckle Fighting Championship (BKFC), Amplify.ai, and FITE, a leading global PPV, AVOD, and SVOD streaming service. The merger between AGBA and Triller is envisioned to strategically align both companies’ goals within the dynamic digital economy.
For investors interested in purchasing AGBA stock, there are various avenues available. Besides traditional brokerage platforms, shares can be acquired through exchange-traded funds (ETFs) that hold AGBA stock. Alternatively, investors can participate in a 401(k) strategy that invests in mutual funds or other instruments that may include AGBA shares. Since AGBA Group Holding operates within the Financials sector, ETFs often hold shares in large, liquid companies within this sector, offering investors exposure to the trends within this segment.
As of Friday, AGBA Group Holding shares are up 22.3% at $1.26, according to Benzinga Pro. This notable increase reflects investor optimism surrounding the merger and its potential impact on the company’s future prospects.
