Tenet Provides Update on Cease Trade Order

Core Viewpoint - Tenet Fintech Group Inc. has filed an application to revoke the failure to file cease trade order (FFCTO) issued by the Ontario Securities Commission on May 7, 2025, and is awaiting processing of this application [1]. Group 1: Company Overview - Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies [2]. - The subsidiaries of Tenet provide various analytics and AI-based products and services to businesses, capital markets professionals, government agencies, and financial institutions [2]. - The Cubeler Business Development Platform is utilized by Tenet to leverage data for creating opportunities and facilitating B2B transactions among its members [2]. Group 2: Recent Developments - The application to revoke the FFCTO was filed on October 7, 2025, and no specific timeline for completion has been provided [1]. - Once the FFCTO is revoked, the company plans to issue a news release and apply for reinstatement of trading of its securities on the Canadian Securities Exchange [1].