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FRX Innovations Faces Trading Halt Amid Audit
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FRX Innovations Faces Trading Halt Amid Audit

FRX Innovations Inc (TSE:FRXI) has released an update.

FRX Innovations Inc. has announced a delay in filing its annual financial statements for 2023 due to an ongoing audit, resulting in a management cease trade order (MCTO) issued by the Ontario Securities Commission. The company assures there are no undisclosed material issues and will issue bi-weekly status updates in compliance with National Policy 12-203. Officers and directors are currently in a trading blackout period until the situation is resolved.

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

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