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Cypher Metaverse Inc. Updates Disclosure and Trading Status

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The latest update is out from Cypher Metaverse Inc ( (TSE:CODE) ).

Cypher Metaverse Inc. has announced an update concerning its disclosure practices. The company engaged Aktiencheck de AG for a marketing program to promote its metaverse projects, but unauthorized and inaccurate information was disseminated by the contractor. The statements suggested imminent groundbreaking deals in the crypto and blockchain sectors, which were not approved or reviewed by Cypher, resulting in the removal of these materials at the request of the CSE and BCSC. Furthermore, Cypher has been advised that it no longer meets continued listing requirements on the CSE, but its shares will resume trading under the symbol CODE.x. The company is committed to reviewing and approving any future promotional materials.

More about Cypher Metaverse Inc

Cypher Metaverse Inc. focuses on identifying and investing in early-stage opportunities across the digital landscape. The Company leverages its strategic relationships to drive innovation and growth, creating new possibilities and opportunities.

YTD Price Performance: 103.39%

Average Trading Volume: 12,715

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$1.72M

See more data about CODE stock on TipRanks’ Stock Analysis page.

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