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Moovly Media Addresses Filing Delay and MCTO
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Moovly Media Addresses Filing Delay and MCTO

Moovly Media (TSE:MVY) has released an update.

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Moovly Media Inc. has updated stakeholders on the Management Cease Trade Order (MCTO) related to the delay in filing its annual financial statements for the fiscal year ended September 30, 2023. The company’s executives are barred from trading securities until the financial documents are filed, which is anticipated to occur by February 29, 2024. Moovly intends to provide bi-weekly updates as it works to resolve the filing delay and confirms no material changes since the initial default announcement.

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