on Reeflex Solutions Inc. (CVE:RFX)
Reeflex Solutions Inc. Updates on MCTO Status
Reeflex Solutions Inc. has issued a bi-weekly status update on the management cease trade order (MCTO) initiated on December 31, 2025, due to delayed filing of financial statements. The Alberta Securities Commission granted this order following a complex transaction that saw Reeflex transition to a public entity. The transition involved acquiring Coil Solutions Inc. and necessitated aligning the company's year-end to August 31, 2025.
The delay in annual filings arose from the need to restate interim financials and fulfill public company audit requirements. Despite anticipating completion by January 29, 2026, the company now projects an extension to February 19, 2026, due to audit complexities and staffing constraints. Meanwhile, Reeflex assures stakeholders of ongoing efforts to finalize filings, confirming no additional undisclosed material changes or defaults.
R. H.
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