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An announcement from Pegasus Mercantile ( (TSE:LOAN) ) is now available.
Pegasus Mercantile Inc. reported that its shares remain under a Failure-to-File Cease Trade Order issued by the British Columbia Securities Commission after the company missed the deadline for filing its annual financial statements and MD&A for the year ended Sept. 30, 2025. Trading in the company’s stock on the Canadian Securities Exchange is suspended until the required filings and continuous disclosure obligations are met and the order is revoked.
Management, working with the audit committee and external auditor, is preparing the necessary documents and plans to provide weekly default status updates while confirming there is no undisclosed material information. The company is also continuing to review due diligence materials for existing letters of intent, signaling that strategic transaction planning is proceeding despite the regulatory setback.
More about Pegasus Mercantile
Pegasus Mercantile Inc. is a Vancouver-based prospect generator that supports high-growth companies with financial, operational and management assistance. The company is diversifying its portfolio with a focus on global wellness, psychedelics, mycology, hemp and CBD, and healthcare-related businesses involved in clinical studies and trials.
Average Trading Volume: 35,781
Technical Sentiment Signal: Sell
Current Market Cap: C$1.07M
See more insights into LOAN stock on TipRanks’ Stock Analysis page.