DeFi Technologies Inc. Announces Receipt of Management Cease Trade Order (MCTO)
DeFi Technologies Inc. has announced that the Ontario Securities Commission (OSC) has granted a Management Cease Trade Order (MCTO) in relation to the delay in filing its audited annual financial statements for the year ended December 31, 2025. This MCTO prohibits the CEO and CFO from trading the Company's securities while the Annual Filings are outstanding. It also restricts the Company from issuing or acquiring securities from insiders, except under pre-existing legal obligations. The delay is attributed to the late receipt of a SOC 2 Type 2 report from a third-party counterparty, which is crucial for the audit. DeFi Technologies will comply with continuous disclosure requirements by issuing bi-weekly default status reports. The Company confirms no other material business developments have occurred since its last interim financial report on November 14, 2025. The MCTO does not impact the trading of securities by shareholders who are not employees or insiders.