Volatus Aerospace receives cease trade order from Ontario Securities Commission due to delayed financial statements.
Volatus Aerospace faces a failure-to-file cease trade order from Ontario Securities Commission (OSC) due to delayed annual financial statements, MD&A, and CEO/CFO certifications. The company, which transitioned auditing services in 2023, attributes the delay to unforeseen complexities and internal quality control issues. Trading in the company's securities is prohibited until the documents are filed and the order revoked.
May 08, 2024
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