Pharmacielo (TSE:PCLO) has released an update.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
PharmaCielo has been hit with a cease trade order by the Ontario Securities Commission due to a delay in filing its annual financial statements, attributed to complications from a mid-year change in their ERP system. The company is actively working to complete the necessary audits and expects to file the required documents shortly, which would result in the lifting of the trade ban. This regulatory hiccup has temporarily halted the trading of PharmaCielo’s securities in Canada.
For further insights into TSE:PCLO stock, check out TipRanks’ Stock Analysis page.