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Reeflex Solutions Inc. ( (TSE:RFX) ) has issued an announcement.
Reeflex Solutions Inc. has announced a delay in filing its audited annual financial statements alongside plans to restate its Q3 interim statements to align with IFRS standards following its transition to a public company after a recent reverse takeover and acquisition. While the delays are primarily due to technical and accounting adjustments, the company emphasizes that its operations, customer relationships, and financial stability remain unaffected. Reeflex continues to secure substantial contracts, highlighting ongoing growth initiatives and international expansion.
More about Reeflex Solutions Inc.
Reeflex Solutions Inc. is a Canadian engineering and manufacturing company that provides advanced solutions across multiple industries. Its wholly-owned subsidiary, Coil Solutions Inc., specializes in coiled tubing injectors and downhole tools for the oil & gas sector.
Average Trading Volume: 17,827
Technical Sentiment Signal: Buy
Current Market Cap: C$1.43M
For a thorough assessment of RFX stock, go to TipRanks’ Stock Analysis page.