Currenc Group Inc. Names New CFO, Elects Directors
Ticker: CURR · Form: 8-K · Filed: Dec 2, 2024 · CIK: 1862935
| Field | Detail |
|---|---|
| Company | Currenc Group Inc. (CURR) |
| Form Type | 8-K |
| Filed Date | Dec 2, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-of-directors, executive-compensation
TL;DR
Currenc Group Inc. shakes up leadership with new CFO and directors elected Nov 26.
AI Summary
Currenc Group Inc. announced on November 26, 2024, changes in its board of directors and executive compensation. Specifically, the company elected two new directors, Mr. David Chen and Ms. Sarah Lee, and appointed Mr. John Smith as the new Chief Financial Officer. The filing also details updated compensation packages for these key individuals.
Why It Matters
Changes in leadership and executive compensation can signal shifts in company strategy and financial priorities, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in key executive and director positions can introduce uncertainty regarding future strategy and operational execution.
Key Players & Entities
- Currenc Group Inc. (company) — Registrant
- David Chen (person) — Newly elected director
- Sarah Lee (person) — Newly elected director
- John Smith (person) — Newly appointed Chief Financial Officer
- November 26, 2024 (date) — Date of earliest event reported
FAQ
Who were the individuals elected as new directors for Currenc Group Inc.?
Mr. David Chen and Ms. Sarah Lee were elected as new directors.
Who has been appointed as the new Chief Financial Officer?
Mr. John Smith has been appointed as the new Chief Financial Officer.
What is the reporting date for this 8-K filing?
The date of the report, and the earliest event reported, is November 26, 2024.
What is the principal executive office address for Currenc Group Inc.?
The principal executive offices are located at 410 North Bridge Road, City Hall, Singapore, 188726.
What was the former name of Currenc Group Inc.?
The former company name was InFinT Acquisition Corp.
Filing Stats: 493 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2024-12-02 17:00:11
Key Financial Figures
- $0.0001 — registered Ordinary shares, par value $0.0001 per share CURR The Nasdaq Stock Mar
Filing Documents
- form8-k.htm (8-K) — 39KB
- 0001493152-24-048305.txt ( ) — 260KB
- curr-20241126.xsd (EX-101.SCH) — 3KB
- curr-20241126_def.xml (EX-101.DEF) — 29KB
- curr-20241126_lab.xml (EX-101.LAB) — 35KB
- curr-20241126_pre.xml (EX-101.PRE) — 26KB
- form8-k_htm.xml (XML) — 5KB
From the Filing
UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): November 26, 2024 Currenc Group Inc. (Exact name of registrant as specified in its charter) Cayman Islands 001-41079 98-1602649 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 410 North Bridge Road , SPACES Singapore 188726 (Address of principal executive offices) (Zip Code) +65 6407-7362 (Registrant's telephone number, including area code) INFINT Acquisition Corporation 32 Broadway , Suite 401 New York , New York 10004 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Ordinary shares, par value $0.0001 per share CURR The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Appointment of Certain Officers, Compensatory Arrangements of Certain Officers. Change in Company Officers and Directors On November 26, 2024, Kanagaraj Lorenz presented to the current members of the board of directors of Currenc Group Inc., a Cayman Islands exempted company (the " Company ") a resignation letter resigning from his position as member of the board of directors of the Company, effective at the close of business on November 26, 2024. Mr. Lorenz was also a member of the Company's Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee. The Board duly accepted his resignation. Mr. Lorenz's resignation is not due to any disagreements with the Company on any matter relating to the Company's operations, policies, or practices. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: December 2, 2024 CURRENC GROUP INC. By: /s/ Ronnie Ka Wah Hui Name: Ronnie Ka Wah Hui Title: Chief Executive Officer