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Pegasus Mercantile ( (TSE:LOAN) ) just unveiled an update.
Pegasus Mercantile Inc. has announced a bi-weekly update regarding its Management Cease Trade Order (MCTO) status due to a delay in filing its annual financial documents for the year ending September 30, 2024. The British Columbia Securities Commission has granted the MCTO, which will remain effective until the required documents are filed. The company confirms there have been no significant changes or additional defaults since the initial announcement and continues to work diligently with its audit committee to resolve the issue, committing to ongoing bi-weekly updates in line with regulatory guidelines.
More about Pegasus Mercantile
Pegasus Mercantile Inc. is a prospect generator that supports high growth companies by providing technology, financial, operational, and management assistance, focusing on the fast-growing market for global wellness products and novel consumer goods and services.
YTD Price Performance: 1.19%
Average Trading Volume: 20,178
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.03M
For a thorough assessment of LOAN stock, go to TipRanks’ Stock Analysis page.