−Removed: Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: During the quarter ended September 30, 2024, there were no unregistered sales of our securities that were not reported in a Current Report
−Removed: At the closing of the Business Combination, $56.0 million remained in the Company’s trust account, of which $54.8 million was used
−Removed: to pay public shareholders who exercised redemption rights, $0.8 million was used to pay outstanding fees and expenses of INFINT incurred
−Removed: in connection with the Business Combination, and $0.3 million was used to partially repay deferred underwriting fees, with no balance
−Removed: remaining for working capital and general corporate purposes of Currenc.
−Removed: with the closing of the Business Combination, Currenc completed the PIPE Offering, resulted in gross proceeds of $1.75 million, of which
−Removed: $0.8 million was used to pay outstanding fees and expenses of INFINT, $0.5 million was used to pay a directors and officers insurance
−Removed: premium, and $0.4 million was used to pay outstanding fees and expenses of Seamless.
−Removed: Defaults Upon Senior Securities.
+Added: Sales of Equity Securities and Use of Proceeds.
+Added: During the months ended March 31, 2025, the Company agreed to issue 81,818 ordinary shares at $5.50 per share for services rendered by Roth Capital Partners,
+Added: March 7, 2025, the Company agreed to issue 1,027,996 ordinary shares at a par value of $0.0001 per share to Pine Mountain Holdings Limited
+Added: (“Pine Mountain”) for a total of $2,022,435, following receipt of a conversion notice from Pine Mountain in connection with
+Added: a convertible note purchase agreement.
+Added: These shares were issued at 2.00 per share for the principal of $1,944,444 and around $1.3983
+Added: for the interest of around $77,991.
+Added: The issuance of the shares was exempt from registration pursuant to Section 4(a)(2) of the Securities
+Added: Act as a transaction not involving a public offering.
+Added: The proceeds from the sale are being used for working capital and as payment of
+Added: the principal amount of the aforementioned convertible note purchase agreement.
+Added: Defaults Upon
+Added: Senior Securities.
Mine Safety Disclosures.
+Added: Not Applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.