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BlockchainK2 ( (TSE:BITK) ) has issued an update.
BlockchainK2 Corp has provided an update on the management cease trade order (MCTO) issued by the British Columbia Securities Commission due to a delay in filing its audited financial statements for the year ended September 30, 2024. The delay was attributed to the auditors needing more time due to capacity constraints, and the company expects to complete the filings by March 31, 2025. The MCTO restricts the CEO and CFO from trading the company’s securities but does not affect shareholders. BlockchainK2 is committed to following the guidelines under National Policy 12-203, ensuring transparency through bi-weekly updates until the MCTO is revoked.
More about BlockchainK2
BlockchainK2 Corp operates in the blockchain industry, focusing on developing and managing blockchain-based solutions and services. The company is listed on multiple stock exchanges, including TSXV, OTCQB, and FSE, indicating a broad market focus.
YTD Price Performance: -35.71%
Average Trading Volume: 10,084
Technical Sentiment Signal: Buy
Current Market Cap: $1.42M
See more insights into BITK stock on TipRanks’ Stock Analysis page.