Organto Foods Addresses Filing Delay and Management Shift
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Organto Foods Addresses Filing Delay and Management Shift

Organto Foods (TSE:OGO) has released an update.

Organto Foods Inc. has provided an update on the delayed filing of its annual financial statements for the year ended December 31, 2023, and announced the resignation of Rients van der Wal as a Director and Co-Chief Executive Officer. The company expects to finalize the filings by June 28, 2024, and will continue to issue bi-weekly default status reports in compliance with management cease trade order guidelines. The board and management are actively working to complete the necessary documentation without any reported insolvency proceedings or undisclosed material changes.

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

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