Memphasys Ltd (AU:MEM) has released an update.
Memphasys Ltd has acknowledged a defect in its Cleansing Notice due to previously undisclosed information in its Final Report, which is considered essential for investors to assess the company’s financial status. The company has applied a holding lock to the impacted shares and plans to issue a retraction and take further steps to comply with regulatory requirements. They have confirmed compliance with the Listing Rules and that the board has authorized the responses to the regulatory queries.
For further insights into AU:MEM stock, check out TipRanks’ Stock Analysis page.