Chesswood Delays Financial Filing Amid Restatements
Company Announcements

Chesswood Delays Financial Filing Amid Restatements

Story Highlights

Chesswood (TSE:CHW) has released an update.

Chesswood Group Limited has announced it will miss the August 14, 2024 deadline for filing its financial statements and MD&A for the first half of the year, due to the need to restate previously filed statements after discovering a system error affecting borrowing base covenants. The company has applied for a management cease trade order and is working to rectify the issues for prompt filing, while adhering to alternative information guidelines, including bi-weekly status reports.

For further insights into TSE:CHW stock, check out TipRanks’ Stock Analysis page.

Related Articles
Jason CarrCHW Upcoming Earnings Report: What to Expect?
TipRanks Canadian Auto-Generated NewsdeskChesswood Group Faces Creditor Protection in Canada
TipRanks Canadian Auto-Generated NewsdeskChesswood Group Hit with Cease Trade Order
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App