CFN Enterprises ( (CNFN) ) has released a notification of late filing.
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CFN Enterprises Inc. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The delay is primarily due to the company needing additional time to complete its financial statements, which could not be done without unreasonable effort or expense. The company anticipates filing the report within the 15-day extension period allowed by Rule 12b-25. Financially, CFN Enterprises expects a significant change in its results of operations due to the acquisition of assets from RAN CoPacking Solutions LLC, with an anticipated net loss of approximately $3.5 million for 2024, compared to a $15.4 million loss in 2023. These figures are preliminary and subject to change. The notification was signed by Brian Ross, the President and CEO, who assured ongoing compliance efforts.
More about CFN Enterprises
YTD Price Performance: -24.32%
Average Trading Volume: 9,311
Technical Sentiment Signal: Buy
Current Market Cap: $23.02M
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