ARHT Media Announces Anticipated Delay in Annual Financial Statements and Related Documents
April 29 2024 - 6:00PM
ARHT Media Inc. ("ARHT" or the "Company") (TSXV:ART), (OTCQB:ARHTF)
announced today that it will be delayed in filing its financial
statements, the accompanying management’s discussion and analysis,
and related documents with respect to the annual filings for the
year ended December 31, 2023 (collectively, the "Annual Filings")
by the filing deadline of April 29, 2024.
The Company is working diligently and
expeditiously with its auditors to complete the Annual Filings as
soon as possible.
The expected delay has been impacted by the
extent of the complexity of the Company’s international operations
and the external auditors need for additional time to complete
their audit procedures by the filing deadline.
The Company confirms that there are no
insolvency proceedings against it as of the date of this press
release. The Company also confirms that there is no other material
information concerning the affairs of the Company that has not been
generally disclosed as of the date of this press release.
About ARHT
ARHT is a pioneer and the global leader in live
hologram technology. Thanks to its patented end-to-end technology,
executives, medical experts, educators, entertainers, and thought
leaders can travel at the speed of light to any destination.
ARHT was founded in 2014 and is publicly traded
on the TSX Venture Exchange. ARHT has offices in North America,
Europe and Asia and operates from its own studios in locations from
Toronto to Singapore, as well as a large network of partner studios
in every region.
Connect with
ARHT:LinkedIn: https://www.linkedin.com/company/arht-techInstagram: https://www.instagram.com/arht.techFacebook: https://www.facebook.com/arht.techX: https://twitter.com/arht_techYouTube: https://www.youtube.com/@arht-tech
For more information, please
visit www.arht.tech/about/investors or www.arht.tech.Alternatively,
email us directly at info@arht.tech.
ARHT trades under the symbol
"ART" on the TSX Venture
Exchange.
Press Inquiries:Kristen
Spencekspence@arht.tech
ARHTLarry O’Reilly Chief Executive Officer+1
(416)-782-8042 (head office)
This press release contains "forward-looking
information" within the meaning of applicable Canadian securities
legislation. Forward-looking information includes, but is not
limited to, the issuance of any cease trade orders and the contents
of these orders, the Company's ability to file its Annual Filings
on the timelines described above and the subsequent revocation of
the any cease trade orders. Although the Company believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance and involve risks and uncertainties that are
difficult to control or predict. Therefore, outcomes and results
may differ materially from those expressed in these forward-looking
statements and readers should not place undue reliance on such
statements. These forward-looking statements speak only as of the
date on which they are made, and the Company undertakes no
obligation to update them publicly to reflect new information or
the occurrence of future events or circumstances unless otherwise
required to do so by law.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS
RELEASE.
Arht Media (TSXV:ART)
Historical Stock Chart
From Apr 2024 to May 2024
Arht Media (TSXV:ART)
Historical Stock Chart
From May 2023 to May 2024