secwatch / observer

Cuentas Inc. — fact timeline

Source-grounded facts extracted from Cuentas Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

CUEN Cuentas Inc. JSON

Ofek Haim Suchard was appointed as Chief Artificial Intelligence Officer at Cuentas Inc..

“on June 8, 2026, the Company appointed Ofek Haim Suchard, who had been serving as the Company’s Interim Chief Financial Officer, as the Company’s Chief Artificial Intelligence Officer, effective June 8, 2026.”

Eric Kilinsky was appointed as Interim Chief Financial Officer at Cuentas Inc..

“On June 8, 2026, the Board of Directors (the “Board”) of Cuentas, Inc. (the “Company”) appointed Eric Kilinsky as the Company’s Interim Chief Financial Officer, effective June 8, 2026.”
Equity Issuances

Cuentas Inc. issued 714,286 Shares and a five-year warrant to purchase up to 714,286 shares of common stock to P.W. Janssen for aggregate gross proceeds of $300,000.

“On March 4, 2026, the Company issued and sold to Janssen the Shares and Warrant referred to in Item 1.01 above, for aggregate gross proceeds of $300,000. The exercise price of the Warrant is $0.42 per share, subject to anti-dilution adjustments.”
Equity Issuances

Cuentas Inc. issued 1,277,018 shares of the Company’s common stock of common stock to World Mobile Group Ltd. for conversion of promissory notes in the principal amount of $260,000.

“On February 25, 2026, World Mobile Group Ltd. (“WMG”) converted promissory notes of Cuentas, Inc. (the “Company”) in the principal amount of $260,000 (the “WMG Notes”) into 1,277,018 shares of the Company’s common stock, representing approximately 18.5% of the Company’s outstanding shares of common stock.”
Equity Issuances

Cuentas Inc. issued 714,286 share of the Company’s common stock (the “Shares”), and a five-year warrant to purchase up to 714,286 additional shares of common stock of common stock to P.W. Janssen for aggregate gross proceeds of $300,000 ($0.42 per unit).

“On February 26, 2026, the Company entered into a Securities Purchase Agreement with P.W. Janssen (“Janssen”), pursuant to which the Company issued and sold to Janssen 714,286 share of the Company’s common stock (the “Shares”), and a five-year warrant to purchase up to 714,286 additional shares of common stock (the “Warrant”) , for aggregate gross proceeds of $300,000 ($0.42 per unit).”
Equity Issuances

Cuentas Inc. issued 600,000 shares of its common stock of common stock to Spectrum Intelligence Communications Agency, LLC for equity component valued at $300,000 as part of satisfaction of a judgment.

“On February 24, 2026, Cuentas, Inc. (the “Company”) entered into a Confidential Conditional Satisfaction Agreement (the “Satisfaction Agreement”) with Spectrum Intelligence Communications Agency, LLC (“Spectrum”) relating to a judgment entered against the Company in the matter styled Spectrum Intelligence Communications Agency, LLC v. Limecom, Inc., Case No. 2018-027150-CA-01, in the Circuit Court of the Eleventh Judicial Circuit in and for Miami-Dade County, Florida. Pursuant to the Satisfaction Agreement, Spectrum agreed to accept $650,000 as full satisfaction of the judgment, consisting of (i) $350,000 in cash and (ii) an equity component valued at $300,000. In connection with the equity component, the Company agreed to issue 600,000 shares of its common stock to Spectrum (or its designee), subject to the terms and conditions set forth in the Satisfaction Agreement.”
Material Agreements

Cuentas Inc. entered into Securities Purchase Agreement with P.W. Janssen valued at $300,000 (effective 2026-02-26).

“On February 26, 2026, the Company entered into a Securities Purchase Agreement with P.W. Janssen (“Janssen”), pursuant to which the Company issued and sold to Janssen 714,286 share of the Company’s common stock (the “Shares”), and a five-year warrant to purchase up to 714,286 additional shares of common stock (the “Warrant”) , for aggregate gross proceeds of $300,000 ($0.42 per unit).”
Material Agreements

Cuentas Inc. entered into Side Letter with World Mobile Group Ltd. (effective 2026-03-01).

“On March 1, 2026, the Company entered into a Side Letter (the “Side Letter”) with World Mobile Group Ltd. (“WMG”) in connection with and as a side arrangement to the Convertible Note Purchase Agreement and convertible promissory notes previously issued by the Company to WMG.”
Material Agreements

Cuentas Inc. entered into Confidential Conditional Satisfaction Agreement with Spectrum Intelligence Communications Agency, LLC valued at $650,000 (effective 2026-02-24).

“On February 24, 2026, Cuentas, Inc. (the “Company”) entered into a Confidential Conditional Satisfaction Agreement (the “Satisfaction Agreement”) with Spectrum Intelligence Communications Agency, LLC (“Spectrum”) relating to a judgment entered against the Company in the matter styled Spectrum Intelligence Communications Agency, LLC v. Limecom, Inc., Case No. 2018-027150-CA-01, in the Circuit Court of the Eleventh Judicial Circuit in and for Miami-Dade County, Florida.”
Equity Issuances

Cuentas Inc. issued warrant.

“Cuentas, Inc. (the “Company”) today announced that it had extended the expiration date of its publicly traded warrants (OTCID: CUENW) (the “Warrants”) from February 4, 2026 to June 30, 2026.”
Material Agreements

Cuentas Inc. entered into Limited Liability Company Agreement with Tummo Road LLC valued at $400,000 (effective 2026-01-07).

“On January 7, 2026, Cuentas, Inc. (the “Company”) entered into a Limited Liability Company Agreement (“LLC Agreement”) with Tummo Road LLC (“Tummo”) as members of World Mobile Media Group LLC”
Equity Issuances

Cuentas Inc. issued convertible note to accredited investors for aggregate principal $385,000.

“The WM Notes (aggregate principal $385,000) and the three October 17, 2025 convertible notes referenced above were issued in transactions not involving a public offering.”
Debt Financings

Cuentas Inc. incurred convertible notes of three unsecured notes with Shalom Arik Maimon, Schulman, and AM Law at 2% interest; 15% interest in case of default.

“On October 17, 2025, the Company also became obligated under the three unsecured notes issued to Mr. Maimon, Schulman and AM Law described under Item 1.01 above (each 2% interest; 15% interest in case of default; optional conversion at $0.42 per share; piggyback rights).”
Debt Financings

Cuentas Inc. incurred loan of $473,000 and $200,000 with Michael De Prado at 2% cash interest; no cash interest unless default; 8% default maturing upon the earlier of a qualified financing of at least $2,000,000 or one year from issuance; first anniversary of issuance.

“The De Prado Note One ($473,000, 2% cash interest; optional conversion at $0.42 per share; piggyback rights) and Note Two ($200,000, no cash interest unless default; 8% default) are secured by first-priority liens on the Company’s Fintech (non-MVNO) assets under separate security agreements.”
Debt Financings

Cuentas Inc. incurred convertible notes of aggregate principal $385,000 with World Mobile Group Ltd..

“The Company’s obligations under the WM Notes (aggregate principal $385,000, convertible pursuant to their terms) constitute direct financial obligations of the Company as of September 22, 2025 and October 1, 2025, respectively.”
M&A Transactions

Cuentas Inc. completed a disposition involving Brooksville FL Partners, LLC for $800,000 (closed 2025-05-22).

“limited liability company (“Buyer”), which already held a minority stake in Brooksville. The Buyer purchased Cuentas’ 63.9% Class B Membership Interests in Brooksville for $800,000. From the proceeds, Cuentas will effectuate settlements on four outstanding judgments or debts. Holders of one judgment and one debt will be disbursed directly by the escrow”
Shareholder Votes

Cuentas Inc. shareholders approved Ratification of the appointment of Yarit + Partners (ISR.) as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-12-20 meeting.

“The votes to ratify the appointment of Yarit + Partners (ISR.) as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023 were as follows: Shares Abstaining 1,063,887 605,561 7,078 The shareholders ratified the appointment of Yarit + Partners as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023.”
Shareholder Votes

Cuentas Inc. shareholders approved Approval of the Cuentas 2023 Share Incentive Plan. at the 2023-12-20 meeting.

“The votes to approve the Cuentas 2023 Share Incentive Plan. Shares Abstaining 1,051,849 617,445 7,040 The 2023 Plan Proposal was approved by the shareholders.”
Shareholder Votes

Cuentas Inc. shareholders rejected Approval of an amendment to our Amended and Restated Articles of Incorporation, as amended, to increase the number of authorized shares of common stock from 27,692,307 to 100,000,000 shares. at the 2023-12-20 meeting.

“The votes to approve an amendment to our Amended and Restated Articles of Incorporation, as amended, to increase the number of authorized shares of common stock from 27,692,307 to 100,000,000 shares. Shares Abstaining 929,715 739,306 7,405 The Authorized Common Stock Proposal was not approved by the shareholders although more shareholders voted for the amendment than against.”
Shareholder Votes

Cuentas Inc. shareholders approved Election of Directors at the 2023-12-20 meeting.

“On December 20, 2023, the Company held its 2023 Annual Meeting, and the voting results for the proposals were as listed below: Proposal 1 : Election of Directors The votes to elect five directors to hold office until the 2024 Annual Meeting of Shareholders were as follows: Shares Voted For Shares Withheld Arik Maimon 1,051,597 626,314 Michael De Prado 1,051,559 626,352 Adiv Baruch 1,053,136 624,775 Lexi Terrero 1,053,136 624,775 Haim Yeffet 1,051,597 626,314 Each of the five directors were approved by the shareholders.”
Listing & Compliance Notices

Cuentas Inc. received a nasdaq delisting notice notice regarding stockholders equity (rules 5550(b)).

“December 18, 2023, the Company received written notice from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that trading of its common stock and warrants will be suspended as of the opening of business on December 20, 2023 (the “Delisting Letter). The Panel was concerned that the Company is unable to regain and/or maintain compliance with the Equity Rule (the “Equity Rule”), or any of the alternatives, under Listing Rule 5550(b). Accordingly, the Nasdaq Hearings Panel has determined to delist the Company’s shares and warrants from Nasdaq. Nasdaq will complete the delisting by fili”

Shlomo Zakai was appointed as Chief Financial Officer at Cuentas Inc..

“On October 11, 2023, the Board of Directors of the Company, based upon the recommendation of its Audit Committee, appointed Shlomo Zakai as the Company’s Chief Financial Officer.”

Ran Daniel departed as Chief Financial Officer at Cuentas Inc..

“the Company notified Ran Daniel, its Chief Financial Officer since 2018, that the Employment Agreement would not be renewed.”
Listing & Compliance Notices

Cuentas Inc. received a nasdaq delisting notice notice regarding stockholders equity (rules 5550(b)(1)).

“ued Listing Rule or Standard; Transfer of Listing. On October 3 2023, Cuentas Inc.(Nasdaq: CUEN) (“the “Company”) received a Staff Determination Letter from Nasdaq Regulation stating that due to the Company’s failure by October 2, 2023, to submit a plan to regain compliance with Nasdaq Listing Rule 5550(b)(1), the $2.5 million stockholders’ equity requirement, the Company would be subject to delisting unless it timely requests a hearing before a Nasdaq Hearings Panel (the “Panel”). Accordingly, the Company intends to timely request a hearing before the Panel. The hearing request will stay any”

Arik Maimon was appointed as Executive Chairman and Chief Executive Officer at Cuentas Inc..

“On August 21, 2023, the Company entered into an employment agreement with Arik Maimon pursuant to which Mr. Maimon agreed to serve as Executive Chairman and Chief Executive Officer of the Company”
Material Agreements

Cuentas Inc. entered into Inducement Letter with a certain holder (the “Holder”) of existing warrants valued at aggregate gross proceeds of approximately $2,033,799 (effective 2023-08-21).

“On August 21, 2023, Cuentas Inc., a Florida corporation (the “Company”), entered into a common stock warrant exercise inducement offer letter (the “Inducement Letter”) with a certain holder (the “Holder”) of existing warrants to purchase shares of the Company’s common stock at an exercise price of $7.67 per share, issued on August 8, 2022 and warrants to purchase shares of the Company’s common stock at an exercise price of $17.16 per share issued on February 8, 2023 (together, the “Existing Warrants”), pursuant to which the Holder agreed to exercise for cash its Existing Warrants to purchase an aggregate of 616,303 shares of the Company’s common stock, at a reduced exercised price of $3.30 per share, in consideration for the Company’s agreement to issue new warrants (the “Inducement Warrants”) having terms as described below, to purchase up to 1,232,606 shares of the Company’s common stock (the “Inducement Warrant Shares”).”
Listing & Compliance Notices

Cuentas Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).

“ntas Inc.(Nasdaq: CUEN) (“the “Company”) received a deficiency letter from Nasdaq Regulation stating that based upon its Quarterly Report on Form 10-Q for the period ended June 30, 2023 which reported shareholders’ equity of $1,471,000, the Company was not in compliance with Nasdaq Marketplace Rule 5550(b)(1) which requires the Company to maintain shareholders’ equity of not less than $2,500,000 for continued listing on The Nasdaq Capital Market. Under Nasdaq Rules the Company has until October 2, 2023 (45 calendar days) to submit a plan to regain compliance. If its plan is accepted, Nasdaq ca”

Yochanon Bruk resigned as Director at Cuentas Inc..

“On June 15, 2023, Mr. Yochanon Bruk tendered his resignations as member of the board of directors of Cuentas Inc. (the “Company”).”
Material Agreements

Cuentas Inc. entered into Operating Agreement with Brooksville Development DE, LLC and Brooksville FL Partners, LLC (effective 2023-04-13).

“On April 28, 2023, Cuentas, Inc. (“Cuentas”) participated in the closing on the purchase of the property related to the previously executed Operating Agreement for Brooksville Development Partners, LLC (“Company”) dated April 13, 2023 which was entered into by Brooksville Development DE, LLC (the “Class A Member” with 30% Membership Interest), Cuentas Inc, (a “Class B Member” with 63% Membership Interest) and Brooksville FL Partners, LLC, (a “Class B Member” with 7% Membership Interest), collectively the “Members”.”
Material Agreements

Cuentas Inc. entered into OPERATING AGREEMENT for Brooksville Development Partners, LLC with Brooksville Development DE, LLC; Brooksville FL Partners, LLC valued at $2,000,000.00 (effective 2023-04-13).

“On April 13, 2023, Cuentas, Inc. (“Cuentas”) signed an OPERATING AGREEMENT for Brooksville Development Partners, LLC (“Company”) entered into by Brooksville Development DE, LLC (the “Class A Member”), a Delaware limited liability company and Cuentas Inc, a Florida corporation, as well as Brooksville FL Partners, LLC, a Florida limited liability company (the “Class B Members,” together with the Class A Member, collectively the “Members”).”
Governance Changes

Cuentas Inc.: Effected a one-for-thirteen reverse stock split by filing a Certificate of Amendment to the Amended and Restated Articles of Incorporation (effective 2023-03-24).

“On March 24, 2023, Cuentas, Inc. (the “Company”) effected a one-for-thirteen (1:13) reverse stock split (the “Reverse Stock Split”) of the shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”). To effect the Reverse Stock Split, the Company filed with the Florida Secretary of State a Certificate of Amendment to its Amended and Restated Articles of Incorporation (the “Certificate of Amendment”) which became effective as of 12:01 a.m. Eastern Standard Time on Friday, March 24, 2023.”
Auditor Changes

Cuentas Inc. engaged Yarel + Partners, CPA as its auditor.

“On February 15, 2023, the Company appointed Yarel + Partners, CPA (“Yarel”) as its new independent registered public accounting firm to audit the Company’s financial statements as of and for the year ended December 31, 2022.”
Auditor Changes

Cuentas Inc. dismissed Halperin CPA as its auditor.

“On February 15, 2023, the Audit Committee of Cuentas, Inc. (the “Company”) approved the dismissal of Halperin CPA (“Halperin”) as the Company’s independent registered public accounting firm.”
Material Agreements

Cuentas Inc. entered into Purchase Agreement with an institutional investor valued at approximately $5 million (effective 2023-02-06).

“On February 6, 2023, Cuentas Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with an institutional investor (the “Investor”) for the purpose of raising approximately $5 million in gross proceeds for the Company.”
Material Agreements

Cuentas Inc. entered into Membership Interest Purchase Agreement with Core Development Holdings Corporation valued at $1,195,195 (effective 2023-02-03).

“On February 3, 2023, Cuentas, Inc. (“Cuentas” or “Buyer”) signed a Membership Interest Purchase Agreement (MIPA) with Core Development Holdings Corporation (“Core” or “Seller”), a Florida corporation that holds approximately 29.3% of 4280 Lakewood Road Manager, LLC (“Lakewood Manager”), which in turn owns 86.45% of the membership interests in 4280 Lakewood Road, LLC (“4280 Project”), an affordable multi-family real estate project located in Lake Worth, Florida.”

Haim Yeffet was appointed as director at Cuentas Inc..

“On February 2, 2023, the Board appointed Haim Yeffet as director to the Board.”
Material Agreements

Cuentas Inc. entered into Binding Letter of Intent with Core Development Holdings Corporation valued at $2,000,000 (effective 2023-01-05).

“On January 5, 2023, Cuentas, Inc. (“Cuentas”) signed a Binding Letter of Intent with Core Development Holdings Corporation (“Core”)”
Shareholder Votes

Cuentas Inc. shareholders approved Ratification of the appointment of independent registered public accounting firm at the 2022-12-28 meeting.

“Proposal 2: Ratification of the appointment of independent registered public accounting firm. The votes to ratify the appointment of Halperin Ilanit as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022 were as follows: Shares Voted For Shares Voted Against Shares Abstaining 9,920,623 68,351 13,462”
Shareholder Votes

Cuentas Inc. shareholders approved Election of Directors at the 2022-12-28 meeting.

“Proposal 1 : Election of Directors The votes to elect six directors to hold office until the 2023 Annual Meeting of Stockholders were as follows: Shares Voted For Shares Withheld Broker Non-Votes Arik Maimon 7,347,470 185,740 2,469,229 Michael De Prado 7,348,160 185,050 2,469,229 Adiv Baruch 7,309,031 224,179 2,469,229 Yochanon Bruck 7,346,354 186,856 2,469,229 Sandra Orihuela 7,349,133 184,077 2,469,229 Sara Sooy 7,348,133 185,077 2,469,229”

Lexi Terrero was appointed as director at Cuentas Inc..

“On December 30, 2022, the Board appointed Ms. Lexi Terrero as director to the Board.”

Sandra Orihuela resigned as director at Cuentas Inc..

“On December 26, 2022, Sandra Orihuela tendered her resignation as a member of the board of directors (the “Board”) of Cuentas Inc. (the “Company”) which would also include her not being a Director effective after the Company’s 2022 Annual Meeting (the “2022 Annual Meeting”).”
Listing & Compliance Notices

Cuentas Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).

“December 20, 2022, having not regained compliance with the Bid Price Rule, the Company received a letter from the Staff notifying the Company that, unless the Company timely requests a hearing, the Company’s common stock and listed warrants would be subject to delisting. Accordingly, the Company intends to timely request a hearing before a Nasdaq Hearings Panel (the “Panel”). The hearing request will result in a stay of any suspension or delisting action pending the hearing and the expiration of any extension period granted by the Panel following the hearing. In that regard, the Panel has the”

Carol Pepper resigned as Director at Cuentas Inc..

“On November 9, 2022, Carol Pepper tendered her resignations as members of the board of directors of Cuentas Inc.”

Jeffrey Lewis resigned as director at Cuentas Inc..

“On November 2, 2022, Jeffrey Lewis tendered his resignations as members of the board of directors of Cuentas Inc. (the “Company”).”

Anthony H. Meadows resigned as Chief Operating Officer at Cuentas Inc..

“On September 30, 2022, Anthony H. Meadows resigned as chief operating officer of Cuentas, Inc.”

Michael De Prado was appointed as Interim President at Cuentas Inc..

“and Michael De Prado as Interim President (in addition to his current position as Vice Chairman of the Board).”

Arik Maimon was appointed as Interim Chief Executive Officer at Cuentas Inc..

“On August 19, 2022, the Company's Board of Directors approved a motion to appoint Arik Maimon as Interim CEO (in addition to his current position as Chairman of the Board)”

Jeffery D. Johnson resigned as Chief Executive Officer at Cuentas Inc..

“On August 18, 2022, Jeffery D. Johnson signed a Separation of Employment Agreement between himself and the Company, and resigned as the chief executive officer of the Company effective immediately.”

Edward Maldonado resigned as member of the board of directors at Cuentas Inc..

“On July 25, 2022, Edward Maldonado tendered his resignation as member of the board of directors of the Company.”

Sandra Orihuela was appointed as director at Cuentas Inc..

“On May 17, 2022, the board of directors (the “ Board ”) of Cuentas Inc. (the “ Company ”) appointed Sara Sooy and Sandra Orihuela as directors to the Board.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.