Animoca Brands has suspended its reverse merger talks with Currenc Group, blocking its planned Nasdaq listing. Under the proposed deal, Currenc would have acquired Animoca, with Animoca shareholders owning 95% of the combined Nasdaq-listed company. Both parties mutually agreed to the decision after reviewing market conditions and the deal’s projected closing timelines. Animoca, headquartered in Hong Kong and previously delisted from the Australian Securities Exchange in March 2020, said the companies may resume discussions if conditions permit.
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