EdgeTI Applies for MCTO Amidst Financial Delays
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EdgeTI Applies for MCTO Amidst Financial Delays

Edge Total Intelligence Inc (TSE:CTRL) has released an update.

Edge Total Intelligence Inc., a provider of real-time digital operations software, has applied for a voluntary management cease trade order (MCTO) due to delays in filing its annual financial statements for 2023, caused by valuation and staffing issues. The company is actively working with auditors to resolve the issues and expects to complete the filings by June 28, 2024, committing to bi-weekly updates in the interim. The MCTO limits trading by the company’s executives but does not impact other shareholders.

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

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