Prime Drink Group Extends Expiry Date of Its Rights Offering and Announces Delay in Filing Annual Financial Statements

Core Points - Prime Drink Group Corp. has extended the expiry date of its rights offering to August 29, 2025, while all other terms remain unchanged [1][2] - The rights offering includes a maximum of 353,409,888 rights, allowing shareholders to subscribe for shares at a price of $0.0825 each [2] - The company has experienced a delay in filing its audited annual financial statements for the year ended March 31, 2025, due to a change in auditors [4][5] - A management cease trade order has been imposed on the CEO and CFO until the annual financial filings are submitted [6] - The company plans to issue default status reports every two weeks until the annual financial filings are completed [7] - Prime Drink Group is focused on becoming a leading diversified holding company in the beverage, influencer media, and hospitality sectors [8]