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An update from Pegasus Mercantile ( (TSE:LOAN) ) is now available.
Pegasus Mercantile Inc. has been hit with a Failure-to-File Cease Trade Order from the British Columbia Securities Commission after missing the deadline to submit its audited annual financial statements, management’s discussion and analysis, and related executive certifications for the fiscal year ended September 30, 2025. The order follows the regulator’s refusal of Pegasus’s earlier request for a management-only trading halt, citing delays tied to information on a subsidiary and a recent acquisition, and will remain in effect until the company remedies its disclosure default, with limited exemptions allowing certain existing shareholders to sell through foreign regulated markets, underscoring elevated regulatory and trading risk for investors until filings are brought up to date.
More about Pegasus Mercantile
Pegasus Mercantile Inc. is a prospect generator that supports high-growth companies with financial, operational and management assistance, and is entering a new phase of diversification. Its portfolio focus spans global wellness, psychedelics, mycology, hemp and CBD, and healthcare-related target companies, including backing clinical studies and trials in these sectors.
Average Trading Volume: 34,708
Technical Sentiment Signal: Sell
Current Market Cap: C$1.07M
For detailed information about LOAN stock, go to TipRanks’ Stock Analysis page.