Tokens.com to Complete 2023 Filings by Jan 31, 2024: Auditor Change Causes Delay

by | Dec 15, 2023

Updated: December 15, 2023



Tokens.com Expects to Complete 2023 Annual Filings by January 31, 2024

Tokens.com Expects to Complete 2023 Annual Filings by January 31, 2024

Toronto, Canada – Tokens.com Corp. (CBOE Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF), a technology company specializing in immersive experiences in 3D internet environments and cryptocurrencies, announced that it anticipates completing and filing its 2023 Annual Filings by January 31, 2024. The company has applied for a management cease trade order from the Ontario Securities Commission, which will prevent the CEO and CFO from trading in the company’s securities until the filings are submitted.

Summary

Tokens.com expects to complete and file its 2023 Annual Filings by January 31, 2024. The company has applied for a management cease trade order from the Ontario Securities Commission to prevent the CEO and CFO from trading in the company’s securities until the filings are submitted. The delay in filing is due to a change in auditor, resulting in additional procedures and enhanced quality controls. Tokens.com’s recently appointed auditor, Davidson & Company LLP, requires more time to complete the audit. The annual filings include audited financial statements, management’s discussion & analysis, and CEO and CFO certification.

Introduction

Tokens.com, a technology company focused on immersive experiences in 3D internet environments and cryptocurrency ownership, expects to complete and file its 2023 Annual Filings by January 31, 2024. In order to meet this timeline, the company has applied for a management cease trade order from the Ontario Securities Commission, which would prevent the CEO and CFO from trading in the company’s securities until the filings are submitted. The delay in filing is primarily due to the recent change in auditor, resulting in additional procedures and enhanced quality controls.

Main Points

  • Tokens.com anticipates completing and filing its 2023 Annual Filings by January 31, 2024.
  • The company has applied for a management cease trade order from the Ontario Securities Commission.
  • The change in auditor has caused a delay in filing the annual financial statements.
  • The newly appointed auditor, Davidson & Company LLP, requires more time to complete the audit.
  • The annual filings include audited financial statements, management’s discussion & analysis, and CEO and CFO certification.

Conclusion

Tokens.com expects to complete and file its 2023 Annual Filings by January 31, 2024, but has applied for a management cease trade order from the Ontario Securities Commission due to the delay caused by a change in auditor. The company’s recently appointed auditor, Davidson & Company LLP, requires additional time to complete the audit. The annual filings include audited financial statements, management’s discussion & analysis, and CEO and CFO certification. Tokens.com remains committed to providing a more engaging way for brands to connect with consumers in 3D internet environments and generate revenue through cryptocurrencies.


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