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TAAT® Faces Delay in Annual Financial Filings, Imposes Management Cease Trade Order

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TAAT® Faces Delay in Annual Financial Filings, Imposes Management Cease Trade Order

An announcement from TAAT Global Alternatives ( (TSE:TAAT) ) is now available.

TAAT® Global Alternatives Inc. announced a delay in filing its annual financial statements due to the complexity of auditing transactions within its ADCO subsidiary. This has resulted in a management cease trade order (MCTO), restricting trading activities for the company’s CEO and CFO until the filings are completed, expected by April 29, 2025. The company will continue to provide bi-weekly updates as required by regulatory guidelines, while the general public can still trade the company’s shares.

More about TAAT Global Alternatives

TAAT® Global Alternatives Inc. is a vertically integrated consumer product and distribution company, generating over CAD $90 million in gross revenue annually. The company is strategically expanding its product categories to include tobacco and reduced-risk alternatives, hemp, kratom, and other emerging consumer packaged goods (CPG) segments. TAAT® operates a processing plant in Nevada and a distribution center in Canton, Ohio, leveraging existing retail shelf space and national wholesale channels.

YTD Price Performance: 39.13%

Average Trading Volume: 4,969

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.93M

For detailed information about TAAT stock, go to TipRanks’ Stock Analysis page.

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