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PanGenomic Health Faces Trade Order After Filing Delay

PanGenomic Health Faces Trade Order After Filing Delay

PanGenomic Health, Inc. Class A (TSE:NARA) has released an update.

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PanGenomic Health Inc. has announced that the British Columbia Securities Commission issued a management cease trade order due to the company’s delay in filing its annual financial statements. The company, which is working with its auditors, expects to complete the filings by June 28, 2024, after securing debt financing to settle outstanding auditor fees. Meanwhile, the company’s CEO and CFO are restricted from trading company securities, although regular shareholders remain unaffected.

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

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