Company Information

Get to know Aura Fat Projects Acquisition Corp (NASDAQ:AFAR)

Aura Fat Projects Acquisition Corp is a blank-check company incorporated in the Cayman Islands. Sponsored by Aura Group and Fat Projects, the company was formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination. While it may pursue an acquisition in any industry, it intends to focus on technology-led businesses in the new economy sectors, particularly Web3, blockchain, and fintech, with a geographical focus on Southeast Asia and Australia. In May 2024, the company announced it had entered into a definitive business combination agreement with Allrites Holdings Pte. Ltd., a global B2B content marketplace.

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Aura Fat Projects Acquisition Corp (NASDAQ:AFAR)

Cayman Islands

Founded in

2022 (4 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.