Core Points - Credissential Inc. has been granted a Management Cease Trade Order (MCTO) due to delays in filing its audited annual financial statements for the fiscal year ended June 30, 2025 [2][3] - The delay is attributed to the complexity of financial reporting, including the consolidation of two acquisitions and convertible note financings, which required additional audit procedures [4] - The company is working with its auditors to complete the audit and expects to file the Annual Filings by November 29, 2025 [5] Company Information - Credissential is a vertically integrated AI software development company focused on financial services [1][6] - The company intends to comply with alternative information guidelines by issuing biweekly default status reports until the Annual Filings are made [7] - There have been no material changes to the information disclosed in the default announcement from October 29, 2025 [7]
Credissential Provides Bi-Weekly Status Update On MCTO
Thenewswire·2025-11-12 22:30