Republic Technologies Inc. Provides Bi-Weekly Update On Annual Filings
Summary
Republic Technologies is updating investors on the status of its overdue annual filings. The company says its management cease trade order remains in place while its CEO, CFO, and COO are barred from trading company securities. Management says the accounting team is still working through expanded review procedures, including valuation work tied to complex transactions. The company expects to finish the annual filings in the coming weeks and then file its delayed first-quarter statements soon after. Republic Technologies also says it continues to comply with alternative information guidelines and reports no new material defaults or insolvency issues.
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