Peak Fintech Provides Update on Status of Effectiveness of its Form 40-F
09/21/2021 - 08:00 AM
MONTREAL , Sept. 21, 2021 /PRNewswire/ - Peak Fintech Group Inc. (CSE: PKK) (NASDAQ: TNT) ("Peak" or the "Company"), an innovative Fintech service provider and manager of the Cubeler Business Hub, today announced that it has been advised by the Nasdaq Capital Market ("NASDAQ") that the US Securities and Exchange Commission (the "SEC") is still in the process of reviewing the Company's registration statement, known as Form 40-F. As the review process is taking longer than originally expected, trading of Peak's common shares on the NASDAQ has been temporarily halted until the SEC completes its review and issues the notice of effectiveness of the Company's Form 40-F.
About Peak Fintech Group Inc.: Peak Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) subsidiaries operating primarily in the commercial lending industry. Peak's subsidiaries bring together lending financial institutions and businesses to create the Cubeler Business Hub, an ecosystem where analytics and artificial intelligence are used to facilitate transactions among members of the ecosystem. For more information: http://www.peakfintechgroup.com
For more information, please contact:
CHF Capital Markets
MZ Group – MZ North America
Peak Fintech Group
Cathy Hume, CEO
Mark Schwalenberg, CFA
Barry Ellison, Director of Marketing and Communications
416-868-1079 ext.: 251
1-312-261-6430
514-340-7775 ext.: 521
cathy@chfir.com
PEAK@mzgroup.us
bellison@peakfintechgroup.com
Follow Peak Fintech Group Inc. on social media:
Twitter: @peakfintech
Forward-Looking Statements / Information: This news release may include certain forward-looking information, including statements relating to business and operating strategies, plans and prospects for revenue growth, using words including "anticipate", "believe", "could", "expect", "intend", "may", "plan", "potential", "project", "seek", "should", "will", "would" and similar expressions, which are intended to identify a number of these forward-looking statements. Forward-looking information reflects current views with respect to current events and is not a guarantee of future performance and is subject to risks, uncertainties and assumptions. The Company undertakes no obligation to publicly update or review any forward-looking information contained in this news release, except as may be required by applicable laws, rules and regulations. Readers are urged to consider these factors carefully in evaluating any forward-looking information.
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SOURCE Peak Fintech Group Inc.
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Industry
Software Publishers
Sector
Information
Tags
Information Technology Services, Technology Services, Communications, Specialty Telecommunications
Country
Canada
About PKKFF
peak fintech group inc., through its subsidiaries, operates as an it portfolio management company in china. it operates through two segments, fintech platform and financial services. the fintech platform segment provides logistic, procurement, and distribution of products within supply chains or facilitating transactions in the commercial lending industry through technology platforms. the financial services segment offers commercial loans to entrepreneurs and small and medium-sized businesses, as well as turn-key credit outsourcing services to banks and other lending institutions. the company was formerly known as peak positioning technologies inc. and changed its name to peak fintech group inc. in november 2020. peak fintech group inc. was incorporated in 2008 and is based in montrã©al, canada.
