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Organto Foods Extends MCTO Amid Audit Delays

Organto Foods Extends MCTO Amid Audit Delays

Organto Foods (TSE:OGO) has released an update.

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Organto Foods Inc., an organic and non-GMO food provider, has announced an extension of its management cease trade order (MCTO) until July 15, 2024, due to delays in completing its 2023 annual financial audit. The MCTO restricts certain executives from trading company securities but does not impact shareholder trading. The company is working with its auditors to finalize the financial statements as quickly as possible.

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

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