regulatory
confidence high
sentiment negative
materiality 0.55
Currenc Group Inc. (CURR): Nasdaq/NYSE listing notice — INFINT Acquisition receives NYSE notice for failing minimum public shareholders rule
Currenc Group Inc.
- On Jan 19, 2024, NYSE notified INFINT that public shareholders <300, violating Section 802.01B.
- Company has 45 days to submit a business plan demonstrating return to compliance within 18 months.
- No immediate impact on IFIN/IFIN.U listing if NYSE approves the plan; trading continues.
- INFINT expects to meet the 300 public shareholder threshold upon completing a business combination.