sur Reeflex Solutions Inc. (CVE:RFX)
Reeflex Solutions Inc. Updates on Management Cease Trade Order
Reeflex Solutions Inc. has issued a bi-weekly status update on its Management Cease Trade Order (MCTO). Granted by the Alberta Securities Commission, the MCTO resulted from delays in filing audited financial statements and related documents for the year ending August 31, 2025. This temporary restriction affects only the company's CEO and CFO, not the general public's trading abilities.
The delay stems from Reeflex's transition to a public company through a reverse takeover affecting its financial statement preparation. Auditors MNP LLP identified the need to restate interim financials to reflect new acquisitions, extending audit timelines. The company expects to complete outstanding filings by February 19, 2026, as approved by the ASC.
Reeflex asserts compliance with NP 12-203 rules, confirming no insolvency procedures or undisclosed material events. They assure updates upon meeting deadlines.
R. P.
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