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Mydecine Innovations Group ( (TSE:MYCO) ) has provided an update.
Mydecine Innovations Group Inc. announced a delay in filing its annual financial statements for the fiscal year ended December 31, 2024, due to reasons previously disclosed. The company is under a management cease trade order, preventing its CEO and CFO from trading shares, though the public can continue trading. The audit is progressing, and updates on the filing status will be provided by May 29, 2025. This delay may impact the company’s operations, but it remains committed to meeting regulatory requirements and providing bi-weekly updates.
More about Mydecine Innovations Group
Mydecine Innovations Group Inc. is a biotechnology company focused on developing innovative medications and therapies to address mental health disorders such as nicotine addiction and PTSD. The company combines advanced technology with drug discovery and development infrastructure, collaborating with leading specialists to create breakthrough treatment solutions, particularly in psychedelic medicine.
Average Trading Volume: 62,346
Technical Sentiment Signal: Sell
Current Market Cap: C$308.8K
Learn more about MYCO stock on TipRanks’ Stock Analysis page.