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CubicFarms Granted Extension for Financial Filings Amid Audit Delays

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CubicFarms Granted Extension for Financial Filings Amid Audit Delays

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CubicFarm Systems ( (TSE:CUB) ) has issued an announcement.

CubicFarm Systems Corp. has announced a delay in filing its annual audited financial statements for the fiscal year 2024, resulting in a temporary management cease trade order granted by the British Columbia Securities Commission until June 30, 2025. The company is actively working to complete the audit process and has been granted an extension to file the required documents by the new deadline, ensuring compliance with regulatory requirements and maintaining transparency with stakeholders.

More about CubicFarm Systems

CubicFarms is a leading local chain agricultural technology company that develops and deploys technology to address the needs of a changing world. Its subsidiary, HydroGreen, produces Automated Vertical Pastures™, which are smart farming systems designed to efficiently produce livestock feed while offering environmental benefits, including reduced methane emissions and carbon credits.

Average Trading Volume: 46,766

Technical Sentiment Signal: Sell

Current Market Cap: C$5.73M

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

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