Title: Aura FAT Projects Acquisition Corp Enters First Amendment to Business Combination Agreement

Aura FAT Projects Acquisition Corp (NASDAQ: AFAR) recently announced the amendment to its Business Combination Agreement through a First Amendment entered on January 17, 2025. This amendment, effective as of January 14, 2025, involves several key changes to the original agreement between AFAR, Allrites Holdings Pte. Ltd., and Meta Gold Pte. Ltd.

The primary alterations in the First Amendment include adjustments to the earnout threshold and earnout periods, an extension of the Agreement End Date to July 18, 2025, the removal of specific representations and covenants tied to AFAR’s stock listing, and an increase in the Break Fee. Notably, this amendment aims to refine and enhance the terms initially outlined in the Business Combination Agreement, initially disclosed on May 7, 2023.

The comprehensive details of the Amendment to the Business Combination Agreement can be referred to in the filed documents. Interested parties are encouraged to review the full text of the Business Combination Agreement, filed as Exhibit 1.1 on AFAR’s Current Report on Form 8-K in May 2023, along with the complete text of the Amendment, which is included as Exhibit 1.1 on the current Form 8-K.

This Current Report on Form 8-K also includes forward-looking statements cautioning investors and stakeholders about potential risks and uncertainties. These forward-looking statements outline possible discrepancies between actual results and projections due to various factors highlighted in the Risk Factors section of the Company’s filings with the Securities Exchange Commission (SEC). Copies of these filings, including the Amendment No. 1 to Form F-4 and the Annual Report on Form 10-K, are available on the SEC’s website, www.sec.gov.

Aura FAT Projects Acquisition Corp asserts that it is not bound to update or revise any forward-looking statements publicly to reflect changes in expectations or circumstances unless required by law or regulation.

The First Amendment to the Business Combination Agreement has been substantiated with the necessary Exhibits, including the detailed description of the amendment and a Cover Page Interactive Data File, embedded with the Inline XRBL document.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Aura FAT Projects Acquisition’s 8K filing here.

About Aura FAT Projects Acquisition

Aura FAT Projects Acquisition Corp does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It focuses on acquiring technology companies with Web 3.0, blockchain, cryptocurrency, digital ledger, e-gaming, and other new financial technology and services applications in Southeast Asia, Australia, and New Zealand.