News. MCTO Revoked
Adrabbit's mgmt cease trade order revoked by BCSC
2023-07-10 17:34 ET - News Release
Mr. Noah Hershcoviz reports
ADRABBIT LIMITED ANNOUNCES REVOCATION OF MCTO
Adrabbit Ltd. has rectified its continuous disclosure deficiencies as noted herein, and the British Columbia Securities Commission (BCSC) has revoked the management cease trade order (MCTO) previously issued by the BCSC under National Policy 12-203 -- Management Cease Trade Orders (NP 12-203).
As previously announced, the MCTO was issued by the BCSC at the request of the company in connection with the late filing of its audited financial statements for its fiscal year ended Dec. 31, 2022, its management's discussion and analysis relating thereto, and related materials. As a result of the delay in completing the annual required filings, the company was also late in the filing of its interim financial statements, management's discussion and analysis, and related materials for the three months ended March 31, 2023.
The BCSC has revoked the MCTO as both the annual required filings and interim required filings were filed by the company on June 30, 2023, copies of which are available on the company's SEDAR profile.
We seek Safe Harbor.
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