regulatory
confidence high
sentiment negative
materiality 0.70
Nasdaq notifies Currenc Group of MVPHS deficiency; 180-day cure period
Currenc Group Inc.
- Received MVPHS Deficiency Notice from Nasdaq on October 18, 2024.
- MVPHS below $15M minimum required for continued listing on Nasdaq Capital Market.
- Has until April 16, 2025 to regain compliance; stock continues trading as 'CURR'.
- To regain compliance, MVPHS must close at $15M+ for ten consecutive business days.
- Company will monitor and take measures but cannot assure regaining compliance.