Blender Bites Updates on Financial Filing Delays and Management Cease Trade Order

Blender Bites Limited ( (TSE:BITE) ) has shared an announcement.

Blender Bites Limited has provided an update regarding its management cease trade order due to delays in filing its audited financial statements for the year ended October 31, 2024. The delays were caused by the resignation of the company’s former auditor and CFO, but Blender Bites is working with its new auditor to complete the filings by April 29, 2025. The management cease trade order does not affect non-insider investors’ ability to trade the company’s securities, and there are no insolvency proceedings or undisclosed material information affecting the company.

More about Blender Bites Limited

Blender Bites is a Canadian company specializing in the development and marketing of premium frozen beverage products, focusing on functionality and convenience. Founded in 2017, it leads the ‘easy smoothie’ category in North America, offering certified organic, non-GMO, gluten-free, dairy-free, and soy-free products that include functional ingredients like whole food vitamins, collagen, and probiotics. Their products are distributed across Canada and the US, available in over 7000 stores including major retailers like Walmart and Whole Foods.

YTD Price Performance: -33.33%

Average Trading Volume: 19,895

Technical Sentiment Signal: Buy

Current Market Cap: C$3.25M

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