Currenc Group Files For Offering Of Up To 40.9M Ordinary Shares By Selling Shareholders
Portfolio Pulse from Benzinga Newsdesk
Currenc Group has filed with the SEC for an offering of up to 40.9 million ordinary shares by selling shareholders. This move could impact the stock's supply and demand dynamics.
September 30, 2024 | 6:20 pm
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Currenc Group's filing for an offering of up to 40.9 million ordinary shares by selling shareholders may increase the stock's supply, potentially affecting its price.
The offering of a large number of shares by selling shareholders can increase the supply of the stock in the market, which may lead to downward pressure on the stock price if demand does not match the increased supply.
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