Currenc Group gets Nasdaq listing deficiency notices and issues shares to creditors
Currenc Group received two Nasdaq notices on June 30, 2025, stating that its shares did not meet the $1.00 minimum closing bid price or the $50 million minimum market value of listed securities for 30 consecutive business days. The company has until December 29, 2025 to regain compliance, and its shares continue to trade on the Nasdaq Global Market under CURR for now. The company also issued new ordinary shares to creditors, a noteholder and an advisory firm to settle debts and obligations, which adds to the number of shares outstanding.
Key points
- Nasdaq notices received June 30, 2025 cite the period from May 14 to June 27, 2025 for both the $1.00 bid price and $50 million market value requirements.
- The compliance period runs until December 29, 2025; shares must close at or above $1.00 and a $50 million market value for at least ten consecutive business days.
- On June 27, 2025, 28,360,373 ordinary shares were issued to nine creditors to fully satisfy $12,166,600 of unsecured obligations.
- Other June 2025 share issuances included 1,027,996 shares to Pine Mountain Holdings on conversion of a note, 81,818 shares to Roth Capital Partners, and 86,489 shares in exchange for 518,934 warrants with Alta Partners.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.