Xtm, Inc. (TSE:PAID) has released an update.
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XTM, Inc., a fintech firm known for its payment solutions, has received a management cease trade order (MCTO) from the Ontario Securities Commission due to a delay in filing its annual financial documents for 2023. The restriction applies only to the company’s management and does not impede trading by non-insider shareholders. XTM is working with its auditors to complete the necessary filings by May 31, 2024, and will provide bi-weekly updates in the interim.
For further insights into TSE:PAID stock, check out TipRanks’ Stock Analysis page.