The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Currenc Group Inc. has officially announced an extension of the exclusivity period for its proposed reverse merger with Animoca Brands Corporation Limited. The new deadline is set for June 30, 2026, providing both parties with additional time to finalize the terms of the non-binding agreement. The transaction is structured as an acquisition by Currenc of the entire equity interest in Animoca Brands via an Australian scheme of arrangement. This extension follows the initial term sheet signed in November 2025, highlighting the complex nature of cross-border reverse takeovers. The move ensures that all regulatory and legal frameworks are properly addressed before the merger is completed. Market observers view this extension as a sign that the deal remains active despite the prolonged timeline. The finalization of the merger is expected to significantly impact the fintech and digital asset landscape.
Sign in to access this content
Sign In