Welcome to our dedicated page for MCLD news (Ticker: MCLD), a resource for investors and traders seeking the latest updates and insights on MCLD stock.
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mCloud Technologies Corp. (NASDAQ: MCLD) has announced an update regarding the filing of its annual financial statements for the year ending December 31, 2022. The Company is actively working to finalize and submit the Annual Filings as soon as possible. Previously, mCloud was issued a Management Cease Trade Order by the British Columbia Securities Commission. The Company assures that there are no insolvency proceedings ongoing and that all material information is disclosed. To comply with regulations, mCloud will issue bi-weekly reports as part of the Alternative Information Guidelines until the Annual Filings are complete, which will be available on SEDAR. mCloud specializes in cloud technology solutions aimed at enhancing sustainability and performance in energy-intensive sectors.
mCloud Technologies Corp. (MCLD) has been granted a Management Cease Trade Order (MCTO) by the British Columbia Securities Commission. This allows the company until May 30, 2023, to file its annual financial statements for the fiscal year ended December 31, 2022. Delays were caused by unexpected departures of key finance employees, impacting the completion of internal pre-audit procedures. The company aims to resolve these issues promptly and will issue bi-weekly updates during the default period. Importantly, there are no insolvency proceedings against mCloud as of this press release.
