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Nexera Energy Reports Filing Delay and Active Recovery Plan

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Nexera Energy Reports Filing Delay and Active Recovery Plan

Nexera Energy (TSE:NGY) has released an update.

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Nexera Energy Inc. has reported a delay in the filing of its annual financial statements and management’s discussion due to undisclosed reasons, leading to a Management Cease Trade Order (MCTO) that prohibits the company’s CEO and CFO from trading its securities. Despite the delay, the company’s management is actively working to complete the necessary filings by September 13, 2024, and will continue to provide bi-weekly updates as required by regulatory guidelines.

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

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