tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Odd Burger Warns of Imminent Cease Trade Order Over Delayed Annual Filings

Story Highlights
  • Odd Burger faces a cease trade order after missing its annual financial filing deadline.
  • The company cites liquidity constraints, plans asset sales, and aims to restore compliance soon.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Odd Burger Warns of Imminent Cease Trade Order Over Delayed Annual Filings

Claim 50% Off TipRanks Premium

Odd Burger Corporation ( (TSE:ODD) ) has shared an announcement.

Odd Burger Corporation has warned that it expects to be hit with a failure-to-file cease trade order by Ontario and other securities regulators after missing the January 28, 2026 deadline to submit its audited annual financial statements for the year ended September 30, 2025, along with related management discussion and certifications. The delay stems from liquidity constraints that have slowed completion of the audit, prompting the company to pursue measures to strengthen its finances, including selling non-core real estate assets; the cease trade order would halt trading in its shares until the filings are completed and accepted, and the company says it aims to remedy the default within the prescribed time frame, a key step for maintaining market access and regulatory compliance.

Spark’s Take on TSE:ODD Stock

According to Spark, TipRanks’ AI Analyst, TSE:ODD is a Neutral.

Odd Burger Corporation’s overall stock score is primarily impacted by its poor financial performance and weak technical indicators. The company’s negative equity and ongoing losses present significant financial risks. The bearish technical trend further undermines investor confidence. Valuation metrics are also unfavorable, with a negative P/E ratio and no dividend yield.

To see Spark’s full report on TSE:ODD stock, click here.

More about Odd Burger Corporation

Odd Burger Corporation is a franchised vegan fast-food restaurant chain and food technology company that produces a proprietary line of plant-based protein and dairy alternatives. Its products are supplied to its own smart-kitchen restaurant network via a foodservice line and sold to grocery retailers through a consumer-packaged goods arm, with a model focused on small, delivery-optimized locations, automation, and a vertically integrated supply chain. The company is listed on the TSX Venture Exchange under the symbol ODD and trades over-the-counter under ODDAF.

Average Trading Volume: 61,777

Technical Sentiment Signal: Sell

Current Market Cap: C$4.43M

See more data about ODD stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1