Currenc Group INC

Market Movers (8-K)

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NASDAQ
Currenc Group Inc. received formal notification from Nasdaq regarding non-compliance with minimum bid price and market value requirements, while simultaneously issuing millions of shares to settle various financial obligations.
Worse than expected
Capital raise
NASDAQ
Currenc Group Inc. announced the resolution of a warrant dispute with Alta Partners through a share exchange and a new strategic partnership with Galaxy Payroll Group to develop AI-powered human resources solutions.
NASDAQ
Currenc Group Inc. announced it will issue 28.36 million ordinary shares to nine creditors to fully satisfy $12.17 million in outstanding unsecured obligations, with shares issued at $0.43 each, representing a significant discount.
Delay expected
Worse than expected
Capital raise
NASDAQ
Currenc Group Inc. announces the appointment of Wan Lung Eng as its new Chief Financial Officer, effective April 16, 2025, to drive financial strategy and growth initiatives.
NASDAQ
Currenc Group Inc. announces it has regained compliance with Nasdaq Listing Rule 5450(b)(1)(C) after maintaining a minimum market value of publicly held shares (MVPHS) of $5,000,000 or greater for at least ten consecutive business days.
NASDAQ
Currenc Group Inc. has announced the resignation of its Chief Financial Officer, Haggai Ravid, effective December 31, 2024, with CEO Ronnie Ka Wah Hui stepping in as interim CFO.

Quarterly Earnings (10-Q)

NASDAQ
Currenc Group Inc. reports a decrease in revenue for Q1 2025, impacted by divestitures and declining airtime revenue, alongside increased operating expenses.
Capital raise
Worse than expected
NASDAQ
Currenc Group Inc. reports a net loss of $5.02 million for Q3 2024, with revenue declining by 11% year-over-year, following a business combination and strategic divestitures.
Worse than expected
Capital raise
NASDAQ
INFINT Acquisition Corporation reported a net income of $764,153 for the six months ended June 30, 2024, while continuing efforts to finalize its business combination with Seamless Group Inc.
Worse than expected
Delay expected
Capital raise
NASDAQ
INFINT Acquisition Corporation reported a net income of $590,103 for the first quarter of 2024, while continuing to pursue a business combination and manage its trust account.
Worse than expected
Delay expected
Capital raise

Annual Reports (10-K)

NASDAQ
Currenc Group Inc. reports its financial results for the year ended December 31, 2024, highlighting key financial metrics and strategic developments after its business combination.
Capital raise
Worse than expected
NASDAQ
INFINT Acquisition Corporation files its annual report for 2023, detailing financial results and ongoing efforts towards a business combination.
Delay expected
Worse than expected

Insider Trading (Form 4)

NASDAQ
Director Eric Weinstein acquired 3,918 ordinary shares of Currenc Group Inc. as compensation for board service.
NASDAQ
Director Ng Eng Ho acquired 3,918 ordinary shares of Currenc Group Inc. as compensation for director fees.
NASDAQ
Director Kevin Chen acquired 3,918 ordinary shares of Currenc Group Inc. as compensation for director fees.

New Public Companies (S-1)

NASDAQ
Currenc Group Inc. reported a substantial increase in net loss and working capital deficit for the three months ended March 31, 2025, alongside receiving Nasdaq deficiency notices, highlighting severe financial and operational challenges despite strategic shifts towards AI and divestitures.
Capital raise
Worse than expected
NASDAQ
Currenc Group Inc. enters into a purchase agreement with Arena Business Solutions for up to $10 million in exchange for the company's ordinary shares.
Capital raise
NASDAQ
Currenc Group Inc. announces a purchase agreement with Arena Business Solutions for the potential issuance and sale of up to $10 million in ordinary shares.
Capital raise
NASDAQ
Currenc Group Inc. has filed an amendment to its Form S-1 registration statement, primarily to update the exhibit index and amend Exhibit 107 regarding the calculation of filing fees.
Capital raise
NASDAQ
Currenc Group Inc. is registering a secondary offering for the resale of up to 40.9 million ordinary shares by existing securityholders.
Capital raise

Schedule 13G - Passive Investments

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NASDAQ
Wong Man San has reported a 4.98% beneficial ownership stake in Currenc Group Inc. through a Schedule 13G filing, indicating a passive investment.
NASDAQ
Yafangzhou Huang has reduced beneficial ownership in Currenc Group Inc. to 4.57% of Common Shares, falling below the 5% reporting threshold.
Worse than expected
NASDAQ
An amended Schedule 13G filing reveals Wong Nga Man's beneficial ownership of 5.92% of Currenc Group Inc.'s common shares.
NASDAQ
Wong Man San has filed an amended Schedule 13G, reporting beneficial ownership of 5.37% of Currenc Group Inc.'s Common Shares.
NASDAQ
Nga Man Wong has reported a 5.92% beneficial ownership stake in Currenc Group Inc., holding 4,501,309 common shares.
NASDAQ
Yafangzhou Huang has disclosed a 4.57% beneficial ownership stake in Currenc Group Inc., holding 3,477,818 common shares.