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Luxxfolio Holdings Inc ( (TSE:LUXX) ) has issued an update.
LUXXFOLIO Holdings Inc. has provided a bi-weekly status update regarding its management cease trade order (MCTO) due to a delay in filing its audited annual financial statements and related documents. The company’s CEO and CFO are restricted from trading its securities under the MCTO. To address the document filing delay, LUXXFOLIO entered a $30,000 bridge loan agreement with Cypress Hills Partners Inc., with a 14% annual interest rate, to ensure the completion and filing of the required documents by January 31, 2025.
More about Luxxfolio Holdings Inc
LUXXFOLIO Holdings Inc. operates in the financial sector, focusing on investment and resource management services.
YTD Price Performance: 25.00%
Average Trading Volume: 299,009
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.73M
Learn more about LUXX stock on TipRanks’ Stock Analysis page.
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