Xcyte Digital Corp. Extends MCTO Amid Filing Delays

Xcyte Digital Corp. ( (TSE:XCYT) ) just unveiled an announcement.

Xcyte Digital Corp. announced an extension of its management cease trade order (MCTO) due to delays in filing its audited annual financial statements and first-quarter results, now expected by April 30, 2025. The delay is attributed to the company’s first audit since a qualifying transaction, new auditor appointment, recent acquisitions, and the recent appointment of a new CFO. The MCTO restricts trading by company executives but does not affect other shareholders. Xcyte is working with its auditor to resolve the filing delay and return to compliance.

More about Xcyte Digital Corp.

Xcyte Digital Corp. is a global events technology company specializing in advanced event technology solutions for physical, hybrid, virtual, immersive, and phone-based events. The company offers both do-it-yourself and managed services, providing secure and scalable solutions worldwide. Xcyte serves a diverse clientele, from startups to major corporations, through a multi-platform subscription model. The company is headquartered in Canada and the USA, with global operations.

YTD Price Performance: 41.67%

Average Trading Volume: 13,792

Technical Sentiment Signal: Sell

Current Market Cap: C$14.6M

Find detailed analytics on XCYT stock on TipRanks’ Stock Analysis page.