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Tenet Announces Update to OSC Disclosure Record Review and Partial Revocation Application of Failure to File Cease Trade Order
TMX Newsfile· 2026-02-04 00:00
Core Viewpoint - Tenet Fintech Group Inc. is currently facing a cease trade order (FFCTO) from the Ontario Securities Commission due to delays in filing its annual financial statements and related disclosures for the year ended December 31, 2024, and is working towards resolving this issue [1] Group 1: Company Update - The FFCTO was issued on May 7, 2025, due to the company's failure to file required annual financial statements and certifications [1] - The company filed the overdue annual financial statements on October 1, 2025, and submitted a full revocation application to the OSC on October 6, 2025 [1] - The company has agreed to refile certain past management discussion & analysis (MD&As) that were deemed deficient, with expectations to complete these filings at the end of the review process [1] Group 2: Financial Actions - While awaiting the review of the full revocation application, the company submitted a partial revocation application to allow for a private placement financing to maintain operations [2] - The proposed private placement aims to sell up to 52 million common shares at a price of $0.05 per share, potentially raising up to $2.6 million [3] - There is no guarantee that the partial revocation application will be approved or that the private placement will be completed as planned [3] Group 3: Future Plans - The company intends to issue a news release upon approval of the full revocation, after which it will apply for reinstatement of trading of its securities on the Canadian Securities Exchange [4]
Tenet Publishes Q4-2024, Q1-2025 and Q2-2025 Financial Results Q&A Transcript
Newsfile· 2025-10-10 20:15
Core Insights - Tenet Fintech Group Inc. has published a transcript of a Q&A interview with CEO Johnson Joseph regarding the company's financial results for Q4 2024 and Q1-Q2 2025 [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 a global platform utilized by Tenet to leverage data for creating opportunities and facilitating B2B transactions among its members [2]
Tenet Announces Arrangements to Address Mailing Delays Resulting from Canada Post Strike
Newsfile· 2025-10-10 18:50
Core Points - Tenet Fintech Group Inc. is utilizing a temporary exemption from the Canadian Securities Administrators to send proxy-related materials electronically due to postal service delays [1][4] - Shareholders can access proxy-related materials on the company's website and SEDAR+ [2] - The company has scheduled a hybrid meeting for November 6, 2025, at 10:00 a.m. (EST) [5] Company Overview - Tenet Fintech Group Inc. operates as a parent company for a group of financial technology and artificial intelligence companies, leveraging data from the Cubeler Business Development Platform [5] - The platform facilitates B2B transactions and analytics services for various sectors including businesses, capital markets, and government agencies [5]
Tenet Provides Update on Cease Trade Order
Newsfile· 2025-10-08 20:37
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].