CEO Rob Anson stated that the company is committed to addressing the situation with diligence and transparency. Once the audit is completed, Fobi will be well-positioned to apply for the lifting of the CTO and continue its mission to deliver cutting-edge solutions to its clients while providing value to its shareholders. The company will provide further updates as developments occur.
Key takeaways:
- Fobi AI Inc. is working to finalize the audit and filing of its financial statements for the fiscal year ended June 30, 2024, following a cease trade order issued by the British Columbia Securities Commission.
- The company is committed to maintaining transparency and continuous communication with its stakeholders regarding the cease trade order.
- CEO Rob Anson assures investors and stakeholders that the team is working diligently to finalize the audit and appreciates their ongoing support and understanding.
- Fobi AI, founded in 2017, is a leading AI and data intelligence company that provides businesses with real-time applications to digitally transform their organizations.