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Payfare Inc. Reports Filing Delay, Reassures Markets

Payfare Inc. Reports Filing Delay, Reassures Markets

Payfare, Inc. (TSE:PAY) has released an update.

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Payfare Inc., a fintech company servicing the gig economy, has announced a delay in filing its annual financial statements due to a vendor’s late System and Organization Controls report. The delay does not impact the financial outlook, and the company expects to complete the filings by April 12, 2024. Payfare has applied for a management cease trade order, which would restrict trading by certain executives but not affect other shareholders.

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

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