Tenet Provides Update on Cease Trade Order

Rhea-AI Summary

Tenet Fintech Group (CSE: PKK / OTC: PKKFF) filed an application on October 7, 2025 to revoke a failure to file cease trade order (FFCTO) that the Ontario Securities Commission issued on May 7, 2025. The application is under review and the company did not provide a timetable for completion.

Tenet said it will issue a news release if and when the FFCTO is revoked and, following revocation, intends to apply for reinstatement of trading of its securities on the Canadian Securities Exchange.

Positive

• Filed application to revoke FFCTO on October 7, 2025
• Plans to apply for CSE trading reinstatement after revocation

Negative

• FFCTO issued by OSC on May 7, 2025 suspends trading of securities
• No timetable provided for FFCTO review or reinstatement

Toronto, Ontario--(Newsfile Corp. - October 8, 2025) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler Business Development Platform, announced that it has filed an application on October 7, 2025, to revoke the failure to file cease trade order (the "FFCTO") issued on the Company's securities by the Ontario Securities Commission (the "OSC") on May 7, 2025. The Company's application is currently being processed, and no timetable was given for the completion of the process. The Company plans to issue a news release once the FFCTO has been revoked after which the Company intends to apply for reinstatement of trading of its securities on the Canadian Securities Exchange.

About Tenet Fintech Group Inc.:

Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or leveraging data gathered by the Cubeler Business Development Platform, a global platform where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. Please visit our website at: https://www.tenetfintech.com/.

For more information, please contact:

Tenet Fintech Group Inc.

Dom Mannella, General Counsel
514-340-7775 ext.: 516
investors@tenetfintech.com

CHF Capital Markets
Cathy Hume, CEO
416-868-1079 ext.: 251
cathy@chfir.com

Follow Tenet Fintech Group Inc. on social media:
X: @Tenet_Fintech
Facebook: @Tenet
LinkedIn: Tenet
YouTube: Tenet Fintech

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269699

FAQ

What did Tenet (PKKFF) file on October 7, 2025 regarding its cease trade order?

Tenet filed an application to revoke the FFCTO issued by the Ontario Securities Commission on May 7, 2025.

Is Tenet (PKKFF) currently trading on the Canadian Securities Exchange?

No. Trading remains suspended under the FFCTO until it is revoked and reinstatement is granted.

When will Tenet (PKKFF) resume trading on the CSE?

No timetable was provided; Tenet said it will issue a news release once the FFCTO is revoked and then seek reinstatement.

How will Tenet (PKKFF) notify investors about FFCTO revocation and reinstatement?

The company stated it will publish a news release if the FFCTO is revoked and then apply for trading reinstatement.

What does the FFCTO issued May 7, 2025 mean for PKKFF shareholders?

The FFCTO suspends trading of the company’s securities until regulatory requirements are resolved and the order is revoked.

Where can investors find updates on Tenet (PKKFF) FFCTO status and reinstatement efforts?

Investors should monitor the company’s news releases and the Canadian Securities Exchange for formal updates.