Currenc Group Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(a)(1), 5450(b)(2)(A), 5810(c)(3)).
“June 30, 2025, Currenc Group, Inc. (the “Company”) received two letters from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that we are not in compliance with Nasdaq Listing Rules 5450(a)(1) and 5450(b)(2)(A). In the Notice, the Nasdaq Listing Qualifications Department notified us that, for the 30 consecutive business day period between May 14, 2025 through June 27, 2025, our ordinary shares, par value $0.0001 per share (the “Ordinary Shares”), had: (a) not maintained a minimum closing bid price of $1.00 per share required for continued listing on The Nasdaq Global Market pursuan”
Listing & Compliance Notices
Currenc Group Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5450(b)(2)(A), 5810(c)(3)).
“June 30, 2025, Currenc Group, Inc. (the “Company”) received two letters from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that we are not in compliance with Nasdaq Listing Rules 5450(a)(1) and 5450(b)(2)(A). In the Notice, the Nasdaq Listing Qualifications Department notified us that, for the 30 consecutive business day period between May 14, 2025 through June 27, 2025, our ordinary shares, par value $0.0001 per share (the “Ordinary Shares”), had: (a) not maintained a minimum closing bid price of $1.00 per share required for continued listing on The Nasdaq Global Market pursuan”
Wan Lung Eng was appointed as Chief Financial Officer at Currenc Group Inc..
“On April 10, 2025, the Company made an offer of employment to Mr. Wan Lung Eng (“Mr. Eng”) pursuant to which Mr Eng will serve as the Company’s Chief Financial Officer (the “Employment Agreement”).”
Ronnie Ka Wah Hui departed as interim Chief Financial Officer at Currenc Group Inc..
“On April 15, 2025, Ronnie Ka Wah Hui ceased to be employed as the interim Chief Financial Officer of Currenc Group, Inc. (the “Company”).”
Ronnie Ka Wah Hui was appointed as Chief Financial Officer at Currenc Group Inc..
“The Company’s CEO, Mr. Ronnie Ka Wah Hui, will serve as the Company’s Chief Financial Officer on an interim basis until the Company has found a replacement for Mr. Ravid.”
Haggai Ravid resigned as Chief Financial Officer at Currenc Group Inc..
“On December 27, 2024, Haggai Ravid notified Currenc Group Inc., a Cayman Islands exempted company (the “Company”) of his resignation as the Company’s Chief Financial Officer, effective December 31, 2024”
Kanagaraj Lorenz resigned as Director at Currenc Group Inc..
“On November 26, 2024, Kanagaraj Lorenz presented to the current members of the board of directors of Currenc Group Inc., a Cayman Islands exempted company (the “ Company ”) a resignation letter resigning from his position as member of the board of directors of the Company, effective at the close of business on November 26, 2024.”
Debt Financings
Currenc Group Inc. incurred loan of up to $500,000 with Seamless Group Inc. maturing on the date on which the Company consummates its initial business combination.
“issued an unsecured promissory note (the “Note”) in the principal amount of up to $500,000 to Seamless Group Inc., a Cayman Islands exempted company (“Seamless”), which may be drawn down from time to time prior to the Maturity Date (as defined below) upon request by the Company.”
Governance Changes
Currenc Group Inc.: Amended charter to extend deadline for initial business combination from February 23, 2024 to November 23, 2024 (effective 2024-02-16).
“On or about February 16, 2024, in connection with the Extraordinary General Meeting (as defined below), INFINT Acquisition Corporation (the “Company”) will file an amendment (the “Extension Amendment”) to the Company’s Amended and Restated Memorandum and Articles of Association (the “Charter”) with the Registrar of Companies in the Cayman Islands to extend the date by which the Company must consummate its initial business combination from February 23, 2024 to November 23, 2024”
Shareholder Votes
Currenc Group Inc. shareholders approved Extension Proposal to amend the Charter to extend the date that the Company has to consummate a business combination from February 23, 2024 to the Extended Date at the 2024-02-16 meeting.
“At the Extraordinary General Meeting (the “Extraordinary General Meeting”) of the Company, which was held on February 16, 2024, holders of 10,015,379 of the Company’s ordinary shares, which represents approximately 75.64% of the ordinary shares issued and outstanding and entitled to vote as of the record date of January 26, 2024, were represented in person or by proxy. At the Extraordinary General Meeting, the shareholders approved a special resolution (the “Extension Proposal”) to amend the Charter to extend the date that the Company has to consummate a business combination from February 23, 2024 to the Extended Date. The affirmative vote of the holders of at least two-thirds of the Class A ordinary shares and Class B ordinary shares, par value $0.0001 per share, of the Company issued and outstanding, voting together as a single class, represented in person or by proxy and entitled to vote thereon and who do so in person or by proxy at the Extraordinary General Meeting was required to”
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.