A Mayer Brown team represented Apifiny Group Inc. (Apifiny), a global cross-exchange digital asset trading network based in New York, in connection with its definitive business combination agreement with Abri SPAC I, Inc. (Abri), a special purpose acquisition company. The merger will make Apifiny a publicly traded company on the Nasdaq stock market.

The pro forma enterprise value of the combined company is approximately $530 million, including the contribution of up to $57 million of cash held in Abri’s trust account, subject to redemptions. The transaction is expected to close during the third quarter of 2022.

The team was led by partners Phyllis Korff (Capital Markets, New York) and Andrew Noreuil (Corporate & Securities, Chicago).