According to Wu Blockchain, Circle has filed documents with the U.S. SEC revealing that the company signed a stock purchase agreement on September 4. Through its subsidiary Taurus Acquisition, Circle plans to acquire all outstanding shares of Singapore payments company Tazapay Pte. Ltd. for a total transaction price of approximately $400 million, to be paid in Circle Class A common stock. The exact number of shares to be issued will be determined based on the volume-weighted average price (VWAP) of Circle's stock over the 20 trading days prior to the transaction's completion. The deal is still subject to regulatory approval and other customary closing conditions and has not yet been finalized. https://(wublock123.com)/news/circle-to-acquire-singapore-payments-firm-tazapay-400m-68015