Total
0
Shares
Visionstate (TSXV:VIS) announces additional financing to meet market demand
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • The Ontario Securities Commission has accepted Tracesafe's application for a management cease trade order
  • The MCTO does not affect the ability of shareholders to trade in the securities of Tracesafe
  • During the MCTO, Tracesafe will issue bi-weekly default status reports until the filing requirements have been met
  • Tracesafe expects to file its financial statements and certification by mid-May
  • TraceSafe is a full suite of real-time location management services and contact tracing solutions
  • TraceSafe Inc. (TSF) is unchanged, trading at C$0.73 per share at 10:30 am ET

The Ontario Securities Commission has accepted Tracesafe's application for a management cease trade order (MCTO).

The MCTO does not affect the ability of shareholders to trade in the securities of the company. The MCTO does restrict all trading in securities of the company by the Chief Executive Officer and Chief Financial Officer until the required filings have been filed and the MCTO has been lifted.

As previously announced on April 29, 2021, the company applied for the MCTO due to a delay in filing its annual audited financial statements for the year ended December 31, 2020, its related Management's Discussion and Analysis and Chief Executive Officer and Chief Financial Officer certifications which were due April 30, 2021.

During the MCTO, Tracesafe will comply with the provisions of the alternative information guidelines as set out in the National Policy 12-203 - Management Cease Trade Orders, including issuing bi-weekly default status reports until the filing requirements have been met. The company confirms that there is no material information concerning the affairs of the company that has not been generally disclosed as of the date of this news release.

TraceSafe is a full suite of real-time location management services and contact tracing solutions enabled through advanced low power bluetooth beacons and enterprise cloud management. 

TraceSafe Inc. (TSF) is unchanged, trading at C$0.73 per share at 10:30 am ET.

More From The Market Herald
D-BOX Technologies (TSX:DBO) and SIMTAG are reinventing the Virtual Sim Racing experience

" ESE Entertainment’s (TSXV:ESE) Digital Motorsports launches new technology at ADAC Expo

ESE Entertainment’s (ESE) Digital Motorsports brand is attending the ADAC SimRacing Expo at the Nürburgring Racetrack in Germany.
Zoomd Technologies (TSXV:ZOMD) signs new publisher agreements

" Zoomd Technologies (TSXV:ZOMD) signs new publisher agreements

Zoomd Technologies (ZOMD) has signed agreements with Gropo Globo from Brazil, Dousis Com Group from Greece and Evrim Agaci from Turkey.
Fobi AI - CEO, Rob Anson. - The Market Herald Canada

" Introducing Fobi 3.0 (TSXV:FOBI) a connected retail commerce solution that delivers personalized marketing at scale

The Fobi (FOBI) connected retail commerce solution will deliver personalized marketing through data connectivity to retailers and CPG manufacturers.
SpotLite360 (CSE:LITE) taps Sewald Hanfling for strategic business development

" SpotLite360 (CSE:LITE) taps Sewald Hanfling for strategic business development

SpotLite360 (LITE) has retained Sewald Hanfling to commercialize its SaaS-based supply chain solution.