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Fobi AI Files Financial Statements and Seeks Reinstatement of Trading

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Fobi AI Files Financial Statements and Seeks Reinstatement of Trading

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Fobi AI ( (TSE:FOBI) ) just unveiled an update.

Fobi AI has filed its 2024 annual and 2025 interim financial statements, along with associated management discussions and analyses. This filing is a step towards revoking a cease trade order issued against the company in November 2024, and Fobi intends to apply for the reinstatement of its common shares on the TSX Venture Exchange. This move is expected to positively impact the company’s operations and market positioning, allowing it to resume trading and potentially enhance investor confidence.

More about Fobi AI

Founded in 2017 in Vancouver, Canada, Fobi AI is a leading company in AI and data intelligence, providing businesses with real-time applications to digitally transform and future-proof their organizations. Fobi enables businesses to leverage and monetize customer data, driving personalized experiences and digital sustainability by reducing paper and plastic waste. The company collaborates with major global organizations across various sectors, including retail, insurance, sports, and hospitality, and is a recognized leader in data intelligence across North America and Europe.

Technical Sentiment Signal: Sell

Current Market Cap: C$8.98M

For a thorough assessment of FOBI stock, go to TipRanks’ Stock Analysis page.

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