M&A - Currenc Group Inc.

Form Type: 8-K

Filing Date: 2025-06-20

Corporate Action: Acquisition

Type: Update

Accession Number: 000164117225015899

Filing Summary: On June 15, 2025, Currenc Group Inc. entered into a Share Purchase Agreement with nine creditors which involved the issuance of 28,360,373 ordinary shares to satisfy an aggregate of $12,166,600 of outstanding unsecured obligations. Each share was priced at $0.43, allowing a discount on the obligations owed. Furthermore, on June 19, 2025, an amendment to this agreement extended the closing date from June 19, 2025, to June 30, 2025. The company has not incurred any additional costs or commissions related to this private placement and the agreement includes standard representations and warranties. The expected closing of the transaction is around June 30, 2025.