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XR Immersive Tech Faces Filing Delays, CEO and CFO Trading Restricted

Story Highlights
  • XR Immersive Tech delays annual financial filings, impacting CEO and CFO trading.
  • Company remains compliant with regulations despite filing delays, expects completion by June 30, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
XR Immersive Tech Faces Filing Delays, CEO and CFO Trading Restricted

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The latest announcement is out from XR Immersive Tech Inc. ( (TSE:VRAI) ).

XR Immersive Tech Inc. has announced a delay in filing its audited annual financial statements and management’s discussion and analysis for the fiscal year ended December 31, 2024. The company has been granted a management cease trade order, restricting its CEO and CFO from trading in the company’s securities until the filings are completed, which is anticipated by June 30, 2025. This delay also affects the filing of its interim financial statements for the first quarter of 2025. Despite the delay, the company confirms no material changes or undisclosed information have occurred, and it remains compliant with regulatory guidelines.

More about XR Immersive Tech Inc.

XR Immersive Tech Inc. is a leader in artificial intelligence, virtual and augmented reality, specializing in creating immersive experiences that blend physical and digital worlds. The company delivers transformative solutions that redefine digital health, entertainment, education, and enterprise through its pioneering technologies.

Average Trading Volume: 7,586

Technical Sentiment Signal: Hold

Current Market Cap: C$4.15M

For detailed information about VRAI stock, go to TipRanks’ Stock Analysis page.

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