ABDP

Main Menu

  • Debt Overhang
  • Trade Remedy
  • Willingness To Pay
  • Working Capital Management
  • Debt

ABDP

Header Banner

ABDP

  • Debt Overhang
  • Trade Remedy
  • Willingness To Pay
  • Working Capital Management
  • Debt
Trade Remedy
Home›Trade Remedy›Predictiv AI Announces Cease Trade Order and Provides Update to Shareholders on Status of Financial Statement Filings

Predictiv AI Announces Cease Trade Order and Provides Update to Shareholders on Status of Financial Statement Filings

By Lisa Small
June 8, 2022
0
0

TORONTO, ON / ACCESSWIRE / June 8, 2022 / Predictiv AI Inc. (TSXV: PAI); (OTCQB: INOTF); (FSE: 71TA) (“Predictive AI“or the”Company“), www.predictiv.ai, a software and solutions provider in the artificial intelligence markets, continues to work diligently to complete the filing of its annual financial statements for the year ended January 31, 2022 and related MD&A, as well as certifications leaders (collectively, the “Deposits required“) which were to be filed on May 31, 2022 (the “Deadline for filing“).

The Company confirms that the Ontario Securities Commission (the “CSOs“) has issued a failure to file a cease trade order against the Company (the “CTO“) which directs that general trading, direct or indirect, in the securities of the Company cease. A copy of the CTO has been posted on the OSC’s website.

There can be no assurance that the Company will be able to remedy its failure to file and have the CTO lifted in a timely manner or at all. However, we are continuing our efforts to remedy the situation and the removal of the CTO should take place a few days after the filing of the required documents.

For more information on Predictiv AI, visit www.predictiv.ai and follow Predictiv AI on:

Facebook: https://www.facebook.com/PredictivAI/
Twitter: https://twitter.com/predictive
LinkedIn: https://www.linkedin.com/company/predictive/

Company Contact:
Khurram Qureshi
Mobile: 647.831.1462
Email: [email protected]

About Predictiv AI Inc.
Predictive AI Inc. www.predictiv.ai is a technology company that helps businesses and organizations make smarter decisions using advanced artificial intelligence, deep machine learning and data science techniques. Its subsidiary Weather Telematics Inc. uses patented air quality monitoring sensors to provide predictive weather risk information to the insurance, logistics, fleet management and public safety industries. The company’s R&D division, AI Labs Inc., develops new products that solve real business problems.

Cautionary and forward-looking statements
The statements in this press release, which are not historical facts, are forward-looking statements that involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. implied by these forward-looking statements. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. All forward-looking statements included in this press release are based on information available to the Company as of the date hereof. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause the Company’s actual results to differ materially from the conclusion, forecast or projection set forth in such forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, ThermalPass achieving the Company’s anticipated business results, market demand for ThermalPass and other factors referenced in the Company’s other continuous disclosure documents. the Company, which are available on sedar.com. Readers should not place undue reliance on these forward-looking statements. The Company undertakes no obligation to update forward-looking statements, except as required by applicable securities laws.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS ITS TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

THE SOURCE: Predictive AI, Inc.

See the source version on accesswire.com:
https://www.accesswire.com/704398/Predictiv-AI-Announces-Cease-Trade-Order-And-Provides-Update-To-Shareholders-On-Status-Of-Financial-Statement-Filings

Related posts:

  1. 2020 In Hindsight: Key Considerations For Directors In 2021 – Corporate/Commercial Law
  2. India-US Relations On A Slippery Slope
  3. President Higgins requires international solidarity to ‘come out of the fog’ of Covid-19 in St. Patrick’s Day message
  4. BIA: 4 tickets to look at | Discover

Recent Posts

  • Inflation could wipe out billions pledged for public services, experts warn
  • New NIL collective will pay SMU football and men’s basketball players $36,000 a year
  • Communications firm 8×8 jumps 8% as BofA moves to refinance buyout (NYSE:EGHT)
  • Timber exporters urged to prepare for increased trade remedy investigations
  • This steelmaker is using strong results to repair its balance sheet

Archives

  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • October 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018

Categories

  • Debt
  • Debt Overhang
  • Trade Remedy
  • Willingness To Pay
  • Working Capital Management
  • Terms and Conditions
  • Privacy Policy