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Pegasus Mercantile ( (TSE:LOAN) ) has provided an announcement.
Pegasus Mercantile Inc. announced an update on its management cease trade order (MCTO) status due to a delay in filing its annual financial statements and related documents for the year ended September 30, 2024. The company has been granted an MCTO by the British Columbia Securities Commission and will continue to issue bi-weekly default status reports until the required documents are filed. The management and audit committee are actively working with auditors to resolve the delay, ensuring compliance with National Policy 12-203.
More about Pegasus Mercantile
Pegasus Mercantile Inc. is a prospect generator that provides high growth companies with technology, financial, operational, and management assistance in the fast growing market for global wellness products and novel consumer goods and services.
YTD Price Performance: -73.75%
Average Trading Volume: 19,349
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.63M
For detailed information about LOAN stock, go to TipRanks’ Stock Analysis page.