iAnthus Capital Holdings (CSE: IAN) this evening issued an update related to its fourth quarter and full fiscal year 2019 financial statements, indicating that the required filings will “likely be delayed until after the extended filing deadline of June 15, 2020.” The result, is that the company expects its equity to be issued a cease trade order until such time that it files the required documents with the exchange.
The extension for the delayed filings, as most investors know, was the result of the ongoing coronavirus pandemic. As a result of this, the exchange granted a blanket extension to issuers for a period of 45 days, to enable them to overcome any potential delay in filing. iAnthus has utilized that extension, which expires on June 15, 2020.