Rivalry Provides Update on Management Cease Trade Order

Core Viewpoint - Rivalry Corp. is under a management cease trade order (MCTO) due to delays in filing its annual financial statements for the fiscal year ended December 31, 2024, with an expected completion date by June 30, 2025 [1][2]. Group 1: Management Cease Trade Order (MCTO) - The MCTO was granted by the Ontario Securities Commission (OSC) on May 1, 2025, and will remain in effect until the company is no longer in default regarding its filing requirements [3]. - The company has confirmed that there have been no material changes to the information in the Default Announcement and intends to comply with the alternative information guidelines of NP 12-203 [2]. Group 2: Company Overview - Rivalry Corp. operates Rivalry Limited, a leading sports betting and media company focused on online wagering for esports, traditional sports, and casino games [4]. - The company has held an Isle of Man license since 2018 and is in the process of obtaining additional country licenses, enhancing its regulatory standing in the online gambling sector [4].