Currenc Group Inc. Issues 28.36 Million Shares in Private Placement to Settle $12.17 Million Debt
Currenc Group Inc., an exempted company registered in the Cayman Islands, has entered into a Share Purchase Agreement with nine creditors. As part of the transaction, the company issued a total of 28,360,373 ordinary shares at a par value of $0.0001 per share, in satisfaction of $12,166,600 of outstanding unsecured obligations. The shares were issued at a price of $0.43 each, representing a $0.50 discount for each $1.00 of obligations. The closing of this private placement is expected to occur on or about June 30, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Currenc Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-015899), on June 20, 2025, and is solely responsible for the information contained therein.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。