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TAAT® Global Alternatives Delays Annual Financial Filings Amid Cease Trade Order

Story Highlights
  • TAAT® Global Alternatives is delaying its annual financial filings due to a management cease trade order.
  • The company will provide updates on the audit’s progress and is committed to regulatory compliance.
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TAAT® Global Alternatives Delays Annual Financial Filings Amid Cease Trade Order

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An announcement from TAAT Global Alternatives ( (TSE:TAAT) ) is now available.

TAAT® Global Alternatives Inc. has announced a delay in the filing of its annual financial statements for the fiscal year ended October 31, 2024, due to a management cease trade order (MCTO) issued by the British Columbia Securities Commission. The audit is progressing, and updates on the timing of the filings will be provided by April 28, 2025. During the MCTO, the company’s executives are restricted from trading shares, but the public can continue to trade. TAAT® is committed to complying with regulatory requirements and will issue bi-weekly 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 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 consumer packaged goods (CPG) segments. TAAT® operates a processing plant in Nevada and a distribution center in Canton, Ohio, leveraging its retail shelf space and national wholesale channels.

YTD Price Performance: 5.00%

Average Trading Volume: 4,321

Technical Sentiment Signal: Buy

Current Market Cap: $1.62M

For detailed information about TAAT stock, go to TipRanks’ Stock Analysis page.

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