sur Gratomic Inc. (CVE:GRAT)
Gratomic Faces Delay in Financial Disclosure Filing
Gratomic Inc. has announced a delay in filing its audited financial statements and MD&A for the fiscal year ending December 31, 2024. The company attributes this delay to insufficient funding required to complete the audit process.
Gratomic has requested a Management Cease Trade Order to limit trading restrictions to insiders, instead of halting all trading of its securities. This move aims to mitigate the impact on shareholders not involved in the company's management.
Efforts are underway to finalize the audit, with a revised filing deadline set for June 30, 2025. Until then, Gratomic plans to issue regular updates on its progress through press releases.
The company emphasizes it is not undergoing insolvency proceedings, and it plans to abide by interim reporting guidelines while addressing this delay.
R. P.
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