InFinT Acquisition Corporation announced a private placement that it has issued an unsecured promissory note in the principal amount of up to $400,000 on September 13, 2023. The transaction included participation from new investor, InFinT Capital LLC which may be drawn down from time to time prior to the maturity date upon request by the company. The Note amended, replaced and superseded in its entirety that certain promissory note, dated May 1, 2023, made by the company in favor of the Sponsor in the principal amount of up to $150,000 and any unpaid principal balance of the indebtedness evidenced by the Original Note has been merged into and evidenced by the Note.

The Note does not bear interest and the principal balance will be payable on the date on which the company consummates its initial business combination. The issuance of the Note was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.