Accord Financial Delays Annual Financial Statement Filing, Seeks Temporary MCTO

Accord Financial ( (TSE:ACD) ) has provided an update.

Accord Financial Corp. has announced a delay in filing its annual financial statements for the year ended December 31, 2024, due to the auditor’s inability to complete audit procedures on time. The company has applied for a temporary management cease trade order (MCTO) to restrict trading by its directors and officers until the required filings are completed, which is expected by April 11, 2025. This delay does not affect the general public’s ability to trade in Accord’s securities, and the company is committed to providing regular updates on the situation.

More about Accord Financial

Accord Financial is a leading commercial finance company in North America, specializing in providing fast and versatile financing solutions. Their services include asset-based lending, factoring, inventory finance, equipment finance in Canada, trade finance, and film/media finance, aimed at helping small and medium-sized businesses thrive.

YTD Price Performance: -8.67%

Average Trading Volume: 1,443

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$30.64M

See more insights into ACD stock on TipRanks’ Stock Analysis page.