CubicFarm Systems Corp. Provides Default Status Report

Core Points - CubicFarm® Systems Corp. is currently under a temporary management cease trade order (MCTO) until June 30, 2025, due to its inability to file annual audited financial statements by the April 30, 2025 deadline [2][3] - The British Columbia Securities Commission has granted an extension for the company to file the required financial statements, which are still undergoing the audit process [4] - The company has confirmed that there have been no material changes in its situation since the last news release on May 1, 2025, and it continues to comply with the alternative information guidelines [4] Company Overview - CubicFarms is a leading local chain agricultural technology company focused on developing and deploying technology to address food supply challenges [8] - The company’s proprietary ag-tech solutions enable the production of high-quality, predictable produce and fresh livestock feed through its HydroGreen Nutrition Technology [8] - CubicFarms' systems utilize patented technology for growing crops indoors year-round, providing an efficient and localized food supply solution [9]