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Purebread Brands Faces Audit Delays and Board Resignations

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Purebread Brands Faces Audit Delays and Board Resignations

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An announcement from Coho Collective Kitchens Inc ( (TSE:BRED) ) is now available.

Purebread Brands Inc. has been granted a Management Cease Trade Order due to a delay in filing its audited annual financial statements, caused by a working capital shortfall. The company has secured loan financing to cover audit-related fees and expects to complete the audit process by September 29, 2025. While the order is in effect, trading restrictions apply to certain company executives. Additionally, the company announced the resignations of two board members, Andrew Barnes and Marija Radulovic-Nastic, and expressed gratitude for their contributions.

More about Coho Collective Kitchens Inc

Purebread Brands Inc. is a leader in the fast-casual café and bakery industry in British Columbia, focusing on retail expansion across Canada and beyond. The company is dedicated to crafting exceptional food experiences and positively impacting the communities it serves.

Average Trading Volume: 32,244

Technical Sentiment Signal: Sell

For an in-depth examination of BRED stock, go to TipRanks’ Overview page.

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