{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-026775","form_type":"8-K","ticker":"CURR","cik":"0001862935","company_name":"Currenc Group Inc.","filed_at":"2023-08-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.867949+00:00","generated_at":"2026-06-12T06:30:24.950261+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"INFINT Acquisition restates Q1 cash flow; material weakness in controls","bullets":["Audit committee on August 4, 2023 concluded Q1 2023 unaudited financials should no longer be relied upon due to cash flow misclassification.","Redemption of Class A common stock misclassified as non-cash instead of cash investing/financing activity per ASC 230.","Material weakness in disclosure controls related to subsequent measurement of complex financial instruments.","Company filed amended 10-Q concurrently to correct consolidated statement of cash flows.","CEO and CFO concluded disclosure controls were ineffective as of March 30, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-026775","json":"https://secwatch.observer/filing/0001493152-23-026775.json","markdown":"https://secwatch.observer/filing/0001493152-23-026775.md","text":"https://secwatch.observer/filing/0001493152-23-026775.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1862935/000149315223026775/0001493152-23-026775-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1862935/000149315223026775/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T06:30:24.950261+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"25da6aeb0231328c766be7fba6e08d35ea222ba5","claim":"Currenc Group Inc. reported that prior financial statements should not be relied upon.","evidence_excerpt":"irm, Marcum LLP (“ Marcum ”), that the Company’s unaudited financial statements as of March 31, 2023 contained in the Company’s Quarterly Report on Form 10-Q filed with the SEC on May 11, 2023 should no longer be relied upon. In the statement of cash flows, the Company had previously included the redemption of Class A common stock under the non-cash investing and financing activities. In accordance with Accounting Standards Codification Topic 230, this redemption, regardless of whether the cash physically is transferred back to the Company from the trust prior to the redemption, should be treated as a cash investing and financing activity. The Company’s Chief Executive Officer and Chief Financial Officer carried out an evaluation of the effectiveness of the design and operation of the Company’s disclosure controls and procedures. Based upon their evaluation, the Company’s Chief Executive","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1862935/000149315223026775/0001493152-23-026775-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"},{"label":"Auditor","value":"Marcum LLP"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}