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Pegasus Mercantile Seeks Extension for Annual Filings Amid Leadership Changes
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Pegasus Mercantile Seeks Extension for Annual Filings Amid Leadership Changes

Story Highlights
  • Pegasus Mercantile missed its annual filing deadline due to leadership changes.
  • The company obtained a trade order to extend filing and expects completion by March 31, 2025.
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Xtacy Therapeutics ( (TSE:LOAN) ) has issued an announcement.

Pegasus Mercantile Inc. announced that it has missed the filing deadline for its audited annual financial statements for the year ended September 30, 2024, due to a change in directors and audit procedures following an increase in client base and M&A discussions. The company has obtained a Management Cease Trade Order to allow more time for filing, expecting to complete the process by March 31, 2025, while maintaining alternative information guidelines and limiting trading activities for specific executives.

More about Xtacy Therapeutics

Pegasus Mercantile Inc., formerly known as Xtacy Therapeutics Corp., is involved in the financial services sector, with its shares listed on the Canadian Securities Exchange, Frankfurt Stock Exchange, and OTC markets.

YTD Price Performance: 25.00%

Average Trading Volume: 117,535

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.41M

For a thorough assessment of LOAN stock, go to TipRanks’ Stock Analysis page.

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