NEW YORK, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Aura FAT Projects Acquisition Corp (“AFAR”) (Nasdaq: AFAR) today announced that Andreas Ehn has agreed to join the AFAR’s board of directors effective at completion of its planned business combination with Allrites Holdings Pte. Ltd. (“Allrites”). Mr. Ehn was the first employee of Spotify, a NYSE-listed revolutionary music streaming platform that transformed how people discover and enjoy music. As Spotify’s first Chief Technology Officer, he played a
Reflects expedited advancement in the business combination process; transaction on track to close during the second half of 2023 Filing provides additional information on Allrites’ business model, its cutting-edge proprietary CaaS technology, and unique first mover advantage in a market ripe for disruption Transaction is expected to enable further investment in growth and new product development and positions Allrites to capitalize on favorable demand for entertainment and media through organic