Cypher Metaverse Inc. Postpones Financial Disclosure

Cypher Metaverse Inc. (CSE:CODE) has delayed the submission of its audited annual financial statements for the year ending December 31, 2024. The company attributes the delay to a change in its auditing firm, as PKF Antares Professional Corporation resigned. Cypher is actively seeking a new auditor and aims to complete the required filings by June 30, 2025.

The company has applied for a management cease trade order with the British Columbia Securities Commission. This would restrict company management from trading securities but not affect other shareholders. Currently, there are no insolvency proceedings against Cypher, and no undisclosed material information exists.

Cypher remains committed to fulfilling its obligations and adhering to alternate information guidelines. Forward-looking statements highlight potential risks, particularly within the digital currency sector.