Plantfuel Life Inc. (TSE:FUEL) has released an update.
PlantFuel Life Inc. has announced a delay in filing their annual financial statements and is under a Management Cease Trade Order, which restricts insider trading but not public trading. The company expects to complete the audit by March 29, 2024, and has also reported executive changes, with Alson Niu stepping down from the board and Andy Wu resigning as CFO, succeeded by Tony Qian as interim CFO. PlantFuel Life Inc. remains active in the plant-based wellness sector, and there are no insolvency proceedings or undisclosed material information currently affecting the company.
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