other_material
confidence high
sentiment negative
materiality 0.80
Currenc Group receives Nasdaq delisting notice for bid price and market value non-compliance
Currenc Group Inc.
- Received two Nasdaq deficiency notices on June 30, 2025: bid price below $1.00 and market value below $50M for 30 consecutive days.
- Has until December 29, 2025 to regain compliance; no immediate delisting.
- Issued 28.4M ordinary shares to settle $12.2M of unsecured debt on June 27, 2025.
- Issued shares for warrant exchange (86,489 shares) and conversion (1,027,996 shares) to creditors.
- Company evaluating options; no assurance of regaining compliance.
item 3.01item 3.02item 9.01