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Xcyte Digital Corp. Seeks Extension for Financial Filings Amid Audit Complexities

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Xcyte Digital Corp. Seeks Extension for Financial Filings Amid Audit Complexities

Elevate Your Investing Strategy:

Xcyte Digital Corp. ( (TSE:XCYT) ) has shared an announcement.

Xcyte Digital Corp. has requested an extension from the Ontario Securities Commission to file its annual and first-quarter financial statements, which were delayed due to the complexity of recent acquisitions and the appointment of a new CFO. The company anticipates completing the filings by March 31, 2025, and the management cease trade order will remain in effect until then, affecting only the company’s executives and not other shareholders.

More about Xcyte Digital Corp.

Xcyte Digital Corp. is a global events technology company specializing in next-generation event technology for physical, hybrid, virtual, immersive, and phone-based events. They offer both do-it-yourself and managed services, providing secure and scalable solutions through a multi-platform subscription model. The company serves a wide range of clients, from startups to major corporations, and operates globally with headquarters in Canada and the USA.

YTD Price Performance: 4.17%

Average Trading Volume: 17,218

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$10.73M

Learn more about XCYT stock on TipRanks’ Stock Analysis page.

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