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Animoca Suspends Nasdaq Reverse Merger with Currenc Group on Tuesday
According to Animoca's official announcement, on Tuesday, Animoca Brands and Currenc Group suspended their planned Nasdaq reverse merger, citing market conditions and projected closing timelines. Both parties mutually agreed to pause discussions after reviewing the transaction structure, under which Currenc would have acquired Animoca with Animoca shareholders owning 95% of the combined public company. The companies may resume talks if conditions permit. Executive Chairman Yat Siu stated the com
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