Payfare, Inc. (TSE:PAY) has released an update.
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Payfare Inc. has announced the receipt of a Management Cease Trade Order (MCTO) by the Ontario Securities Commission due to a delay in filing its 2023 annual financial documents. The MCTO restricts company executives from trading Payfare securities but does not impact regular shareholders’ ability to trade. Despite the filing delay, attributed to awaiting a vendor’s audit report, Payfare confirms no change to its financial outlook for the fourth quarter and full year of 2023.
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