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An update from Luxxfolio Holdings Inc ( (TSE:LUXX) ) is now available.
Luxxfolio Holdings Inc. announced that the British Columbia Securities Commission has revoked its management cease trade order after the company successfully filed its delayed annual and interim financial statements. The delay, which was due to unforeseen resource procurement issues and auditor scheduling conflicts, had prompted the need for the order. The revocation allows Luxxfolio to continue its strategic direction in the digital asset industry, focusing on restructuring and exploring new opportunities.
More about Luxxfolio Holdings Inc
Luxxfolio Holdings Inc. is a publicly traded digital asset company based in Canada. It previously operated an industrial-scale cryptocurrency mining facility in the United States but has since closed these operations due to market downturns. The company is now focused on restructuring its finances and exploring new business opportunities in the digital asset space, including evolving its operations to Proof of Stake (PoS) and participating in Decentralized Finance (DeFi) and Bitcoin markets.
YTD Price Performance: -25.00%
Average Trading Volume: 286,817
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$1.3M
For detailed information about LUXX stock, go to TipRanks’ Stock Analysis page.
