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Purebread Brands Updates on Management Cease Trade Order

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Purebread Brands Updates on Management Cease Trade Order

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Coho Collective Kitchens Inc ( (TSE:BRED) ) has provided an update.

Purebread Brands Inc. has provided an update on its Management Cease Trade Order (MCTO) due to the inability to file its audited annual financial statements by the deadline. The company is working to complete the filings by the relief period deadline and will continue to issue bi-weekly updates until the default is resolved. While the MCTO is in effect, the company’s executives are restricted from trading shares, but the general public can continue trading. The company assures that there are no insolvency proceedings against it and no undisclosed material information.

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 creating exceptional food experiences and positively impacting the communities it serves.

Average Trading Volume: 37,540

Technical Sentiment Signal: Sell

Find detailed analytics on BRED stock on TipRanks’ Stock Analysis page.

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