tiprankstipranks
Trending News
More News >

XTM Inc. Faces Cease Trade Order, Aims for Growth

XTM Inc. Faces Cease Trade Order, Aims for Growth

XTM (TSE:PAID) has released an update.

Confident Investing Starts Here:

XTM Inc. has been hit with a cease trade order due to their failure to file the required annual and interim financial documents on time. The Ontario Securities Commission issued the order, which halts all trading of XTM’s securities in Canada, but the company is not facing insolvency and is actively working to resolve the compliance issues. In the meantime, XTM continues to focus on growing its Earned Wage Access and Canadian digital earnings businesses, aiming for cash-flow neutrality and reduced dependence on external financing.

For further insights into TSE:PAID stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App