Core Viewpoint - Pegasus Mercantile Inc. is currently under a Failure-to-File Cease Trade Order (FFCTO) due to its inability to file annual financial statements by the deadline, resulting in a suspension of trading on the Canadian Securities Exchange [1]. Group 1: Default Status Update - The British Columbia Securities Commission (BCSC) issued the FFCTO on February 4, 2026, because the company failed to file its annual financial statements and management's discussion and analysis (MD&A) for the year ended September 30, 2025 by January 28, 2026 [1]. - The FFCTO will remain in effect until the company fulfills all annual financial filing requirements and receives a revocation order from the BCSC [1]. Group 2: Management Actions - The company's management and audit committee are actively working with auditors to complete the necessary documents for the annual financial filings [2]. - The company plans to issue weekly default status reports and confirms that there is no undisclosed material information regarding its affairs [2]. Group 3: Company Overview - Pegasus Mercantile is a prospect generator that supports high-growth companies with financial, operational, and management assistance [3]. - The company is diversifying its focus into sectors such as global wellness, psychedelics, mycology, hemp and CBD, and healthcare-related clinical studies and trials [3].