Quality Industrial (QIND) has released an update to notify the public and investors about corporate charter and bylaws modifications.
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Quality Industrial Corp. has adjusted its fiscal year end from June 30 to December 31 to better synchronize with its parent company, Ilustrato Pictures International Inc. (“ILUS”), and a special purpose vehicle involved in a pending transaction. This shift is aimed at streamlining the audit process across the related entities. As a result, the company is set to file its annual report for the period ending December 31, 2023, by March 29, 2024, marking a significant transition in its financial reporting calendar.
For further insights into QIND corporate activity, check out TipRanks’ Insiders Trading Activity page.
For a comprehensive understanding of the announcement, you can read the full document here.