Eat Well Group (CSE: EWG) (OTC: EGFF) (FSE: 6BC0) has announced an expected delay in filing the required documents for the fiscal year ended November 30, 2021. The requested documents include the audited annual financial statements of the company, related management reports discussion and analysis, and certificates from its CEO and CFO. The company has announced that it will be postponed after March 30, 2022, the filing deadline. The company has applied to the British Columbia Securities Commission (“BCSC”) for a management cease trade order (“MCTO”), while noting that it is working diligently with its auditors to complete the required filings as soon as possible. as possible. The MCTO would restrict all direct or indirect dealings in the company’s securities by the CEO and CFO until the required documents are submitted. According to the announcement, if the BCSC does not grant the MCTO, Canadian securities regulators could issue a blanket cease trade order against the company due to its failure to file the required documents. Regarding filings, Eat Well explained that it experienced delays in preparing annual audited financial statements because it made several acquisitions in a short period of time and subsequent audits required extensive due diligence. “The company is not aware of any specific accounting or auditing issues at this time,” the press release said. “The company is working diligently with its accounting staff and external auditors to file the required documents and expects to be able to file the required documents no later than May 9, 2022.”
To view the full press release, visit https://ibn.fm/fQj97
On Eat Well Investment Group Inc.
Eat Well Group is a publicly traded investment firm with a primary focus on high-growth companies in the agribusiness, food technology, plant and environmental, social and governance (“ESG”) sectors. “). Eat Well Group’s management team has extensive experience in finding, funding and building successful businesses across a wide range of industries and maintains a current investment mandate on the healthcare industry and well-being. The team has funded and invested in early-stage venture capital firms for over 25 years, enabling unparalleled access to deal flow and the ability to build a portfolio of opportunistic investments destined to generate superior returns risk adjusted. For more company information, please visit www.EatWellGroup.com.
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