Else Nutrition Holdings Inc ( (TSE:BABY) ) has issued an update.
Else Nutrition Holdings Inc. has been granted a voluntary management cease trade order by the British Columbia Securities Commission due to delays in filing its annual financial statements and related documents. The company expects to complete the filings by April 9, 2025, and will provide bi-weekly updates until the order is revoked. This order restricts trading by the company’s CEO and CFO but does not affect other stakeholders. The delay is attributed to timing constraints in completing audit procedures, and the company is not undergoing insolvency proceedings.
More about Else Nutrition Holdings Inc
Else Nutrition Holdings Inc. is a food and nutrition company in the international expansion stage, focusing on developing innovative, clean, and plant-based food and nutrition products for infants, toddlers, children, and adults. Its plant-based, non-soy formula serves as a clean-ingredient alternative to dairy-based formulas, and the company has achieved significant recognition and rapid sales growth.
YTD Price Performance: 100.0%
Average Trading Volume: 574,097
Technical Sentiment Signal: Buy
Current Market Cap: $4.96M
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