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SkyChain Technologies Inc. (TSXV: SCT.H) has announced its annual general and special meeting to be held on November 7, 2024, with a record date of October 3, 2024. The company addressed an invalid attempt by certain parties to requisition a shareholders meeting on October 10, 2024. SkyChain is currently under a cease trade order (CTO) but is working to rectify and revoke it to restore trading and liquidity of its common shares.
The company cautioned against any activities that may violate the CTO, such as arranging future purchases or sales of common shares. At the upcoming meeting, SkyChain plans to present financial statements, conduct business, and discuss steps towards rectifying the CTO and restoring shareholder value.