XTM Works to Resolve Financial Filing Delay

XTM (TSE:PAID) has released an update.

XTM Inc. has announced a delay in filing its annual audited financial statements and related documents for 2023, resulting in a management cease trade order (MCTO) by the OSC that restricts its CEO and CFO from trading company securities. Despite the delay, caused by extended audit procedures and a quality review, the company reassures shareholders that other trades are unaffected and that it is working to resolve the issue as swiftly as possible. Additionally, XTM commits to providing bi-weekly updates on its progress until the situation is rectified.

For further insights into TSE:PAID stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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