FRX Innovations Inc (TSE:FRXI) has released an update.
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FRX Innovations Inc., a provider of eco-friendly flame-retardant solutions, has announced a delay in filing its annual financial statements and accompanying documents for the year ended December 31, 2023, due to unforeseen issues with its European finance team. The company is working to resolve the audit and expects to complete the filings by May 30, 2024, while adhering to alternative reporting guidelines under a management cease trade order. During this period, company shares remain tradable for the public, but not for the CEO and CFO.
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