Currenc Group Inc., a company registered in the Cayman Islands, has resolved a legal dispute with D. Boral Capital LLC, a promissory note holder. The litigation, initiated in the Supreme Court of the State of New York, centered on D. Boral's demand for the repayment of a $5,700,000 promissory note, plus interest and legal costs. On June 30, 2025, both parties reached a settlement agreement, with Currenc agreeing to pay D. Boral a total of $5,500,000. The settlement amount is structured in installments, with payments scheduled from July to November 2025. The settlement also resolves all current and potential future claims related to this litigation.
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: 0001641172-25-017938), on July 07, 2025, and is solely responsible for the information contained therein.