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Thoughtful Brands ( (PEMTF) ) has issued an update.
Blender Bites Limited has provided an update regarding a management cease trade order due to delays in filing its audited financial statements for the year ended October 31, 2024. The company assures that the delay is due to the resignation of its former auditor and CFO, and it is working with new auditors to complete the filings by April 29, 2025. The order does not affect non-insider investors’ ability to trade, and no other defaults or insolvency proceedings are anticipated.
More about Thoughtful Brands
Blender Bites is a Canadian company that specializes in the development and marketing of premium frozen beverage products, focusing on functionality and convenience. Founded in 2017, the company has become a leader in the ‘easy smoothie’ category in North America, offering certified organic, non-GMO, gluten-free, dairy-free, and soy-free products. Their 1-Step Smoothies and 1-Step Frappes are distributed across Canada and the US, available in over 7000 stores including major retailers like Walmart and Whole Foods.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.18M
See more data about PEMTF stock on TipRanks’ Stock Analysis page.