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6 sourcesTracking since 22 Sept, 02:46

Animoca Brands suspends proposed merger with Currenc Group

In brief

Animoca Brands has suspended talks on a proposed reverse merger with Nasdaq-listed Currenc Group. The companies determined that the expected closing timeline no longer fit their plans, and exclusivity expired without definitive terms. Animoca said it remains committed to pursuing a public listing on a major exchange and has not ruled out a future deal with Currenc.

Summary written by HeraldLoop from 6 sources · updated 8h ago

What changed

  1. 22 Sept, 02:46Animoca Brands suspends merger deal that would have taken it public · The Block
  2. 22 Sept, 05:33Animoca Brands suspends Currenc merger talks, keeps public listing plan · Crypto.news
  3. 22 Sept, 09:47Animoca Brands delays IPO plans, suspends merger talks with Currenc · CoinDesk
  4. 22 Sept, 19:20Animoca Brands suspends Currenc deal that would have taken it public · CryptoSlate
  5. 22 Sept, 22:12Animoca Hits Pause on Reverse Merger – But Its Public Listing Ambitions Aren’t Going Away · CryptoPotato
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Chronological coverage

  1. 22 September
  2. Latest22 Sept, 22:12

    Animoca Hits Pause on Reverse Merger – But Its Public Listing Ambitions Aren’t Going Away

    The suspension does not rule out a future deal with Currenc Group, Animoca said in its statement.

    CryptoPotatoCryptoPotato•Chayanika Deka
  3. Follow-up22 Sept, 19:20

    Animoca Brands suspends Currenc deal that would have taken it public

    Exclusivity expired without definitive terms, but Animoca says its broader major-exchange relisting push remains intact.

    CryptoSlateCryptoSlate•Oluwapelumi Adejumo
  4. Follow-up22 Sept, 09:47

    Animoca Brands delays IPO plans, suspends merger talks with Currenc

    CoinDeskCoinDesk•Jamie Crawley
  5. Follow-up22 Sept, 06:48

    Animoca puts Currenc merger on ice, delaying its Nasdaq debut

    Animoca Brands suspended its reverse merger talks with Currenc but said it remains committed to pursuing a listing on a major exchange.

    CointelegraphCointelegraph•Cointelegraph by Yohan Yun
  6. Follow-up22 Sept, 05:33

    Animoca Brands suspends Currenc merger talks, keeps public listing plan

    Animoca Brands has suspended talks on its proposed reverse merger with Nasdaq listed Currenc Group after the companies determined that the expected closing timeline no longer fit their short and medium term plans. According to Animoca Brands, the decision was…

    Crypto.newsCrypto.news•Rony Roy
  7. First seen22 Sept, 02:46

    Animoca Brands suspends merger deal that would have taken it public

    Animoca Chairman Yat Siu says that the 'corporate agility must take precedence' over pursuing the Currenc merger.

    The BlockThe Block•Timmy Shen