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Currenc Group ( (CURR) ) just unveiled an announcement.
On June 15, 2025, Currenc Group, Inc., a company incorporated in the Cayman Islands, entered into a Share Purchase Agreement with nine creditors. The agreement involved issuing 28,360,373 ordinary shares to satisfy $12,166,600 of the company’s outstanding unsecured obligations at a discounted rate. An amendment to this agreement was made on June 19, 2025, adjusting the closing date to June 30, 2025, for the issuance of shares and satisfaction of obligations.
The most recent analyst rating on (CURR) stock is a Buy with a $3.50 price target. To see the full list of analyst forecasts on Currenc Group stock, see the CURR Stock Forecast page.
Spark’s Take on CURR Stock
According to Spark, TipRanks’ AI Analyst, CURR is a Underperform.
Currenc Group’s overall stock score is heavily impacted by significant financial challenges and bearish technical indicators. While recent corporate events are positive, they are not enough to offset the severe financial and valuation issues. Investors should approach with caution due to the high risk associated with the company’s current financial position.
To see Spark’s full report on CURR stock, click here.
More about Currenc Group
Average Trading Volume: 889,536
Technical Sentiment Signal: Sell
Current Market Cap: $16.75M
For an in-depth examination of CURR stock, go to TipRanks’ Overview page.