Currenc Group Inc. Announces Up to $33 Million Convertible Note Offering

Reuters
2025/10/14
Currenc Group Inc. Announces Up to $33 Million Convertible Note Offering

Currenc Group Inc. (Nasdaq: CURR) has announced an agreement to issue and sell up to $33.0 million of unsecured convertible promissory notes due October 8, 2027. After deducting related costs and expenses, the company expects to receive $30.0 million in new funding if the financing is fully funded. An initial tranche of $4.4 million in principal amount has already closed, with net proceeds of $4.0 million to the company. The remaining principal is to be drawn in additional tranches, subject to certain conditions outlined in the definitive transaction documents. The company stated that this financing will support continued growth and strategic execution. The offer and sale of the notes and any ordinary shares issuable upon conversion of the notes have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States without registration or an applicable exemption. Currenc Group has agreed to file a registration statement with the SEC covering the resale of the ordinary shares issuable upon conversion of the notes and exercise of the warrants within 60 days after each closing. Ladenburg Thalmann & Co. Inc. served as sole financial advisor to the company in connection with the financing. No price or interest rate information, nor a URL for the full prospectus, is included in the document.

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: 0001493152-25-017933), on October 14, 2025, and is solely responsible for the information contained therein.

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