Singapore-sponsored 8i enters into share exchange agreement with Diginex
Genevieve Cua
Singapore
8i Enterprises Acquisition Corp, the first Singapore-sponsored "blank cheque" company listed on Nasdaq, has entered into a share exchange agreement with a Hong Kong-based global blockchain financial services and technology company, Diginex Ltd.
Upon completion of the transaction, Diginex is expected to have an initial enterprise value of about US$276 million.