Blender Bites Updates on Financial Statement Filing Delay

An announcement from Thoughtful Brands ( (PEMTF) ) is now available.

Blender Bites Limited has provided an update regarding the management cease trade order (MCTO) issued due to the delay in filing its audited annual financial statements. The company assures that the MCTO does not affect non-insider investors’ ability to trade its securities and expects to complete the filings by May 14, 2025. The delay was caused by the resignation of their former auditor and CFO, but the company is actively working with its new auditor to resolve the issue. This update indicates Blender Bites’ commitment to transparency and compliance, which is crucial for maintaining investor confidence and its market position.

More about Thoughtful Brands

Blender Bites is a Canadian company that specializes in developing and marketing 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 Walmart and Whole Foods.

Average Trading Volume: 700

Technical Sentiment Signal: Buy

Current Market Cap: $4.36M

For a thorough assessment of PEMTF stock, go to TipRanks’ Stock Analysis page.