- NexOptic Technology Corp. (NXOPF, Financial) delays filing of 2024 annual financial statements due to third-party information issues and new CFO appointment.
- The British Columbia Securities Commission has issued a Management Cease Trade Order (MCTO), restricting CEO and CFO from trading company shares.
- Public trading of NXOPF shares on the TSX Venture Exchange (TSXV) will continue unaffected.
NexOptic Technology Corp. (NXOPF) has announced a delay in filing its 2024 annual financial statements and related documents. The postponement is primarily attributed to challenges in obtaining necessary third-party information and confirmations, as well as the recent appointment of a new Chief Financial Officer.
The company anticipates that the filing process will be completed within three weeks, although it could extend up to two months. This has led to the issuance of a Management Cease Trade Order (MCTO) by the British Columbia Securities Commission, which temporarily restricts the trading of company shares by the CEO and CFO.
Despite the MCTO, public trading of NexOptic's shares on the TSX Venture Exchange (TSXV) will continue as usual. NexOptic has confirmed adherence to alternative information guidelines and clarified that it is not involved in any insolvency proceedings.
NexOptic Technology Corp., headquartered in Vancouver, specializes in innovative AI solutions for imaging, including its patented ALIISâ„¢ (All Light Intelligent Imaging Solutions) technology. For further details, please visit the company's website at www.nexoptic.com.
