Nepra Foods Announces Delay in Filing Annual Financial Statements
Nepra Foods (OTCQB:NPRFF) has announced a delay in filing its annual financial statements for the year ended March 31, 2025. The company missed the required filing deadline of July 29, 2025, as its auditors need additional time to complete their audit.
As a result, Nepra has received a management cease trade order affecting the CEO and CFO's ability to trade company securities. The company expects to file the Annual Filings by August 29, 2025, with a final deadline set for September 29, 2025. In the interim, Nepra will provide bi-weekly default status reports in accordance with National Policy 12-203.
[]Nepra Foods (OTCQB:NPRFF) ha annunciato un ritardo nella presentazione del bilancio annuale relativo all'anno chiuso al 31 marzo 2025. L'azienda non ha rispettato la scadenza prevista del 29 luglio 2025, poiché i revisori necessitano di più tempo per completare la revisione.
Di conseguenza, Nepra ha ricevuto un ordine di cessazione delle negoziazioni per la direzione che limita la possibilità del CEO e del CFO di operare con i titoli della società. L'azienda prevede di presentare i documenti annuali entro il 29 agosto 2025, con una scadenza finale fissata al 29 settembre 2025. Nel frattempo, Nepra fornirà rapporti sullo stato di default ogni due settimane, conformemente alla Politica Nazionale 12-203.
Nepra Foods (OTCQB:NPRFF) ha anunciado un retraso en la presentación de sus estados financieros anuales correspondientes al año fiscal terminado el 31 de marzo de 2025. La empresa no cumplió con la fecha límite del 29 de julio de 2025, ya que sus auditores necesitan más tiempo para completar la auditoría.
Como resultado, Nepra ha recibido una orden de suspensión de operaciones para la gerencia que afecta la capacidad del CEO y CFO para negociar valores de la compañía. Se espera que la empresa presente los informes anuales antes del 29 de agosto de 2025, con una fecha límite final el 29 de septiembre de 2025. Mientras tanto, Nepra proporcionará informes de estado de incumplimiento quincenales conforme a la Política Nacional 12-203.
Nepra Foods (OTCQB:NPRFF)는 2025년 3월 31일 종료된 회계연도 연간 재무제표 제출이 지연될 것임을 발표했습니다. 감사인이 감사를 완료하는 데 추가 시간이 필요하여 2025년 7월 29일 제출 기한을 지키지 못했습니다.
이에 따라 Nepra는 CEO와 CFO의 회사 증권 거래를 제한하는 경영진 거래 중지 명령을 받았습니다. 회사는 2025년 8월 29일까지 연례 보고서를 제출할 계획이며, 최종 마감일은 2025년 9월 29일입니다. 그동안 Nepra는 국가 정책 12-203에 따라 격주로 디폴트 상태 보고서를 제공할 예정입니다.
Nepra Foods (OTCQB:NPRFF) a annoncé un retard dans le dépôt de ses états financiers annuels pour l'exercice clos le 31 mars 2025. La société n'a pas respecté la date limite de dépôt du 29 juillet 2025, car ses auditeurs ont besoin de plus de temps pour finaliser leur audit.
En conséquence, Nepra a reçu un ordre de suspension des transactions pour la direction affectant la capacité du PDG et du CFO à négocier les titres de la société. La société prévoit de déposer les documents annuels d'ici le 29 août 2025, avec une date limite finale fixée au 29 septembre 2025. En attendant, Nepra fournira des rapports d'état de défaut toutes les deux semaines conformément à la Politique Nationale 12-203.
Nepra Foods (OTCQB:NPRFF) hat eine Verzögerung bei der Einreichung seiner Jahresfinanzberichte für das zum 31. März 2025 endende Geschäftsjahr angekündigt. Das Unternehmen hat die erforderliche Einreichungsfrist am 29. Juli 2025 verpasst, da die Prüfer mehr Zeit für die Abschlussprüfung benötigen.
Infolgedessen hat Nepra eine Handelsstopp-Anordnung für das Management erhalten, die die Handelsfähigkeit des CEO und CFO mit Unternehmenswertpapieren einschränkt. Das Unternehmen erwartet, die Jahresunterlagen bis zum 29. August 2025 einzureichen, mit einer endgültigen Frist am 29. September 2025. In der Zwischenzeit wird Nepra alle zwei Wochen Statusberichte gemäß der Nationalen Richtlinie 12-203 bereitstellen.
- None.
- Delayed filing of annual financial statements beyond the required deadline
- Implementation of management cease trade order affecting CEO and CFO
- Additional time required by auditors suggesting potential complexities in financial review
VANCOUVER, BC / ACCESS Newswire / July 30, 2025 / Nepra Foods Inc. (CSE:NPRA)(FSE:2P6)(OTCQB:NPRFF) ("Nepra Foods" or the "Company"), wishes to announce that its annual financial statements for the year ended March 31, 2025, including the related management discussion and analysis, and CEO and CFO certifications (collectively, the "Annual Filings"), has not been filed as required under Canadian securities legislation by the required filing deadline of July 29, 2025 (the "Filing Deadline").
The Company's auditors require additional time to complete their audit and, as a result, the Annual Filings were not filed before the Filing Deadline. The Company is working diligently with its accounting staff and external auditors to file the Annual Filings as soon as practicable and currently expects to be able to file the Annual Filings on or before August 29, 2025.
The Company has applied to the applicable Canadian securities regulatory authorities and received a management cease trade order related to the Company's securities to be imposed against the Chief Executive Officer and Chief Financial Officer of the Company to trade securities of the Company. The management cease trade order will be in effect until the Annual Filings are filed and requires that the Annual Financial Filings be filed on or before September 29, 2025.
Until the Annual Filings are filed, the Company intends to provide information in accordance with National Policy 12-203 Management Cease Trade Orders for as long as the Annual Filings remain outstanding, including the issuance of bi-weekly default status reports in the form of a news release, if applicable.
About Nepra Foods Inc.
Nepra Foods is a specialty food company focused on innovative and proprietary allergen and gluten-free food ingredient technologies. The company supports food manufacturers globally with formulations, ingredients and technical support for the production of the next generation of healthy, nutritious foods. For more information on the company, visit www.neprafoods.com.
ON BEHALF OF THE BOARD OF DIRECTORS
William Hogan, CEO & Director
investors@neprafoods.com
844-566-1917
The CSE has neither approved nor disapproved the contents of this news release. The CSE does not accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains statements and information that, to the extent that they are not historical fact, constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, but not limited to, statements relating to the Company's financial performance, business development, results of operations, and those listed in filings made by the Company with the Canadian securities regulatory authorities (which may be viewed at www.sedarplus.ca). Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking statement speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company's management to predict all of such factors and to assess in advance the impact of each such factor on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. The Company does not undertake any obligation to update any forward-looking information to reflect information, events, results, circumstances or otherwise after the date hereof or to reflect the occurrence of unanticipated events, except as required by law including securities laws.
SOURCE: Nepra Foods
View the original press release on ACCESS Newswire
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