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Bruush Oral Care Inc. to Restate 2022 Financial Statements Due to Misappropriation

Story Highlights

An announcement from Bruush Oral Care Inc ( (BRSHF) ) is now available.

On April 19, 2025, Bruush Oral Care Inc. announced that its audited financial statements for the year ended October 31, 2022, should not be relied upon due to identified errors. These errors were related to misappropriated funds by a former director and officer, initially recorded as advertising and administrative expenses. The company plans to restate these financials alongside its 2023 statements. This revelation highlights a material weakness in Bruush’s internal financial controls, prompting the implementation of remediation plans. The audit committee and management have engaged with their independent auditors to address these issues.

More about Bruush Oral Care Inc

Bruush Oral Care Inc. is a company in the oral care industry, primarily focusing on the production and sale of oral hygiene products. The company is based in Vancouver, British Columbia, and is publicly traded on the OTC Markets under the ticker BRSHF.

Technical Sentiment Signal: Buy

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

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