Atlas Global Corrects Financials, Enhances Transparency
Company Announcements

Atlas Global Corrects Financials, Enhances Transparency

Silver Phoenix Resources (TSE:ATL) has released an update.

Atlas Global Brands Inc. has addressed its financial reporting issues by filing its Q2 2023 interim financial statements and restating Q1 due to an inventory overstatement and cost of goods sold understatement. The corrections reflect the company’s commitment to transparency and provide stakeholders with a more accurate view of its financial health. The filings are part of Atlas Global’s efforts to rectify continuous disclosure deficiencies following a cease trade order for failing to file annual and previous interim financial documents.

For further insights into TSE:ATL stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskAtlas Global Launches Court-Sanctioned Asset Sale Process
TipRanks Canadian Auto-Generated NewsdeskGreenSeal Cannabis Secures CCAA Protection
TipRanks Canadian Auto-Generated NewsdeskAtlas Global Delays Receiver Appointments Amid Financing Approvals
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App