 AGBA Acquisition Limited NASDAQ: AGBA, the Company, a special purpose acquisition company, announced today that AGBA Holding Limited, the Companys initial public offering sponsor Sponsor, has deposited into the Companys trust account the Trust Account an aggregate of 460,000 representing approximately 0.10 per share of common stock, in order to extend the period of time the Company has to complete a business combination for an additional three 3 months period, from May 16, 2020 to August 16, 2020. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the Companys units with each unit consisting of one ordinary share, one warrant to purchase one-half of one ordinary share, and one right to receive one-tenth of one ordinary share upon the consummation of the Companys initial business combination at a price of 10.00 per unit at the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination. 