Powerband Solutions (TSE:PBX) has released an update.
PowerBand Solutions Inc. has issued a bi-weekly update revealing a delay in filing their 2023 audited financial statements and management discussions, attributing it to a Management Cease Trade Order (MCTO) granted by the Ontario Securities Commission. The company’s executives are restricted from trading their shares; however, the trade by the general public remains unaffected. PowerBand, a fintech firm enhancing automotive transactions, anticipates completing the necessary filings by June 17, 2024.
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