Cuentas Inc. CEO Maimon Shalom Arik reported a series of open-market purchases of the company’s common stock. Between June 22 and June 30, he bought a total of 15,900 shares at prices between $0.30 and $0.36 per share. Following these transactions, he directly holds 862,863 shares of Cuentas common stock.
Cuentas Inc. CEO Maimon Shalom Arik bought 5,800 shares of Common Stock in open-market transactions on June 22 at prices between $0.31 and $0.36 per share. Following these purchases, he directly owns 846,963 Cuentas shares.
Cuentas Inc. CEO Maimon Shalom Arik reported a series of recent trades in the company’s common stock. Between June 17 and June 22, 2026, he made 24 open-market purchases totaling 16,200 shares and 1 open-market sale of 100 shares, at prices between $0.28 and $0.36 per share.
Following these transactions, he directly holds 825,163 common shares. The activity reflects a net increase of 16,100 shares in his direct ownership over this period.
OAS ENERGY LLC, an insider of Cuentas Inc., reported buying a total of 6,700 shares of Cuentas common stock in multiple open-market purchases on June 30, 2026. The reported trades were executed at prices ranging from $0.3262 to $0.3595 per share.
Cuentas, Inc. disclosed that on June 29, 2026 it entered into an Amended and Restated Warrant Agency Agreement with Olde Monmouth Stock Transfer Co., Inc. The agreement extends the expiration date of its publicly traded warrants to purchase common stock from June 30, 2026 to September 30, 2026. After that extended date, the warrants can no longer be exercised. The board is also permitted, at its discretion, to reduce the warrant exercise price and proportionately increase the number of common shares purchasable. The warrants were originally issued in February 2021 units with a $4.30 exercise price, which became $55.90 per share after a one-for-thirteen reverse stock split on March 24, 2023. Cuentas has applied to have its common stock and warrants listed on OTCQB and notes it has restructured its business and entered a joint venture with World Mobile, LLC and World Mobile Media Group, LLC.
OAS ENERGY LLC, an insider of Cuentas Inc., reported a series of open-market purchases of Cuentas common stock. On June 22, 2026, the entity bought a total of 3,500 shares in multiple trades priced between $0.3498 and $0.3595 per share. Following these transactions, OAS ENERGY LLC directly owned 93,921 shares of Cuentas common stock.
Cuentas, Inc. reported leadership changes focused on finance and artificial intelligence. The Board appointed Eric Kilinsky as Interim Chief Financial Officer, effective June 8, 2026, making him the company’s principal financial and accounting officer with responsibilities across reporting, audits, budgeting, and financial analysis.
Kilinsky is an experienced outsourced CFO and financial reporting executive and will receive a fixed monthly fee of $4,000 plus expense reimbursement. On the same date, former Interim CFO Ofek Haim Suchard transitioned to Chief Artificial Intelligence Officer to lead Cuentas’ AI-first strategy and technology initiatives, a move the company states did not arise from any disagreement over operations or policies.
Cuentas Inc. insider OAS ENERGY LLC, which is listed as Interim CFO, reported an open-market purchase of 3,000 shares of Cuentas common stock. The shares were bought at an average price of $0.2843 per share. Following this transaction, OAS ENERGY LLC directly holds 50,889 common shares.
Cuentas, Inc. reported a net loss of $497,000 for the quarter ended March 31, 2026, compared with $399,000 a year earlier. Operating expenses rose to $333,000, driven mainly by officer compensation, legal fees, and higher share-based compensation.
The balance sheet remains highly leveraged, with total assets of $884,000 against total liabilities of $4,311,000 and a stockholders’ deficit of $3,427,000. Cash and cash equivalents were only $72,000, creating a working capital deficit of $3,479,000, and management states these conditions raise substantial doubt about the company’s ability to continue as a going concern.
During the period, Cuentas converted $360,000 of convertible notes into common stock, including 1,277,018 shares issued to World Mobile Group Ltd. It also raised $300,000 through a securities purchase agreement for 714,286 shares and matching warrants at $0.42 per share, while extending the expiration of its publicly traded warrants to June 30, 2026.