Currenc Group Calls February EGM to Approve Major Debt-to-Equity Swap and New Incentive Plan

An update from Currenc Group ( (CURR) ) is now available.

On January 16, 2026, Currenc Group Inc. filed a Form 6-K announcing that it will hold an extraordinary general meeting of shareholders on February 25, 2026, in Hong Kong and via a virtual platform, with January 15, 2026 set as the record date for voting eligibility. At this meeting, shareholders will vote on the re-election of director Eric Weinstein until the 2028 annual general meeting, the approval of a major debt-to-equity conversion involving the issuance of 35,653,995 new ordinary shares at US$1.53 per share to satisfy approximately US$54.6 million of indebtedness owed to key creditor stakeholders, the adoption of a 2025 Equity Incentive Plan authorizing up to 10 million additional shares for incentive awards, the ratification of MRI Moores Rowland LLP as the auditor for the 2025 fiscal year, and a proposal to adjourn the meeting if necessary to secure sufficient votes, signaling a significant recapitalization effort and governance reset that could materially reshape Currenc’s balance sheet, ownership structure and long-term incentive framework.

The most recent analyst rating on (CURR) stock is a Sell with a $1.50 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 its poor financial performance, which is the most significant factor. The company’s financial instability, as reflected in its income statement, balance sheet, and cash flow, is a major concern. Technical analysis also indicates a bearish trend, and valuation metrics highlight the lack of profitability. These factors combine to result in a low overall stock score.

To see Spark’s full report on CURR stock, click here.

More about Currenc Group

Currenc Group Inc., an exempted company incorporated in the Cayman Islands and headquartered in Singapore, is a foreign private issuer listed in the United States that has ordinary shares with a par value of US$0.0001 each trading in the public markets. The company’s shareholder base includes both registered and beneficial holders globally, and it operates under an amended and restated memorandum and articles of association that govern its corporate and capital structure decisions.

Average Trading Volume: 894,840

Technical Sentiment Signal: Sell

Current Market Cap: $129.4M

For detailed information about CURR stock, go to TipRanks’ Stock Analysis page.