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TAAT Global Alternatives ( (TSE:TAAT) ) has issued an announcement.
TAAT® Global Alternatives Inc. announced a delay in filing its annual financial statements for the fiscal year ended October 31, 2024, resulting in a management cease trade order (MCTO) by the British Columbia Securities Commission. The company is actively working on completing the audit and expects to provide updates by March 31, 2025. During the MCTO, trading of the company’s shares by the public remains unaffected, but the CEO and CFO are restricted from trading. TAAT® confirms its commitment to comply with regulatory requirements and will issue regular updates until the default is resolved.
More about TAAT Global Alternatives
TAAT® Global Alternatives Inc. is a vertically integrated consumer product and distribution company with an annual gross revenue exceeding CAD $90 million. The company is strategically expanding its product categories to include tobacco and reduced-risk alternatives, hemp, kratom, and other emerging CPG segments. TAAT® operates a processing plant in Nevada and a distribution center in Canton, Ohio, leveraging existing retail shelf space and pipelines into national wholesale channels.
YTD Price Performance: 71.30%
Average Trading Volume: 4,291
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.98M
See more insights into TAAT stock on TipRanks’ Stock Analysis page.