AGBA Group Jumps Another 27% After Soaring 100% Yesterday

Tiger Newspress04-23

AGBA Group shares jumped another 26.8% in premarket trading Tuesday after soaring 100% on Monday.

AGBA Group Holding Limited shares soared 100% Monday on continued upward momentum after the company announced it entered into a definitive mergeragreement withTrillerCorp. last week.

Following completion of the merger, the combined company will be valued at approximately $4 billion, and Triller will be a wholly-owned subsidiary of Agba.

Agba stockholders will own 20% of the combined company and Triller stockholders will own the remaining 80% of the combined company. Majority shareholder support already obtained from both Agma and Triller and the boards of both companies have approved the merger.

Triller is seen as an alternative to TikTok and saw a huge spike in popularity in 2020 when threats to ban TikTok in the United States gained steam.

It is expected that Triller to regain its popularity as politicians in the U.S. are making noise to ban TikTok once again.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1154537700?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-23 16:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1154537700","market":"us","top_or_hot":-1,"title":"AGBA Group Jumps Another 27% After Soaring 100% Yesterday","media":"Tiger Newspress","content":"<html><head></head><body><p>AGBA Group shares jumped another 26.8% in premarket trading Tuesday after soaring 100% on Monday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2eb6ec8971d45cbf1393e029f6055793\" tg-width=\"840\" tg-height=\"621\"/></p><p>AGBA Group Holding Limited shares soared 100% Monday on continued upward momentum after the company announced it entered into a definitive mergeragreement withTrillerCorp. last week. </p><p style=\"text-align: start;\">Following completion of the merger, the combined company will be valued at approximately $4 billion, and Triller will be a wholly-owned subsidiary of Agba. </p><p style=\"text-align: start;\">Agba stockholders will own 20% of the combined company and Triller stockholders will own the remaining 80% of the combined company. Majority shareholder support already obtained from both Agma and Triller and the boards of both companies have approved the merger.</p><p>Triller is seen as an alternative to TikTok and saw a huge spike in popularity in 2020 when threats to ban TikTok in the United States gained steam.</p><p>It is expected that Triller to regain its popularity as politicians in the U.S. are making noise to ban TikTok once again.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AGBA Group Jumps Another 27% After Soaring 100% Yesterday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAGBA Group Jumps Another 27% After Soaring 100% Yesterday\n</h2>\n\n<h4 class=\"meta\">\n\n2024-04-23 16:40 北京时间&nbsp;&nbsp;&nbsp;<strong>Tiger Newspress</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AGBA Group shares jumped another 26.8% in premarket trading Tuesday after soaring 100% on Monday.AGBA Group Holding Limited shares soared 100% Monday on continued upward momentum after the company ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AGBA","symbol_name":"AGBA GROUP HOLDING LIMITED","start_time":0,"source_url":"","article_id":"1154537700","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1154537700","pubTimestamp":1713861612,"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"AGBA Group shares jumped another 26.8% in premarket trading Tuesday after soaring 100% on Monday.AGBA Group Holding Limited shares soared 100% Monday on continued upward momentum after the company announced it entered into a definitive mergeragreement withTrillerCorp. last week.Following completion of the merger, the combined company will be valued at approximately $4 billion, and Triller will be a wholly-owned subsidiary of Agba.Agba stockholders will own 20% of the combined company and Triller","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AGBA":"AGBA GROUP HOLDING LIMITED"},"translate_title":"阿格巴集团继昨日飙升100%后，又上涨27%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AGBA":1.1},"content_text":"AGBA Group shares jumped another 26.8% in premarket trading Tuesday after soaring 100% on Monday.AGBA Group Holding Limited shares soared 100% Monday on continued upward momentum after the company announced it entered into a definitive mergeragreement withTrillerCorp. last week. Following completion of the merger, the combined company will be valued at approximately $4 billion, and Triller will be a wholly-owned subsidiary of Agba. Agba stockholders will own 20% of the combined company and Triller stockholders will own the remaining 80% of the combined company. Majority shareholder support already obtained from both Agma and Triller and the boards of both companies have approved the merger.Triller is seen as an alternative to TikTok and saw a huge spike in popularity in 2020 when threats to ban TikTok in the United States gained steam.It is expected that Triller to regain its popularity as politicians in the U.S. are making noise to ban TikTok once again.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1154537700"}