Business
Prophecy DeFi Provides Update on Annual Filings
Toronto, Ontario--(Newsfile Corp. - May 20, 2026) - Prophecy DeFi Inc. (CSE: PDFI) ("Prophecy DeFi" or the "Company") is providing an update on the status of the cease trade order (the "CTO") imposed on May 6, 2026 by the Ontario Securities Commission (the "OSC") under National Policy 11-207 following the Company's failure to file its audited annual financial statements for the year ended December 31, 2025, its management's discussion and analysis of financial statements for the year ended...
About this update from Prophecy Defi Inc
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - May 20, 2026) - Prophecy DeFi Inc. (CSE: PDFI) ("Prophecy DeFi" or the "Company") is providing an update on the status of the cease trade order (the "CTO") imposed on May 6, 2026 by the Ontario Securities Commission (the "OSC") under National Policy 11-207 following the Company's failure to file its audited annual financial statements for the year ended December 31, 2025, its management's discussion and analysis of financial statements for the year ended December 31, 2025 and related filings (collectively, the "Required Annual Filings"). Under National Instrument 51-102, the Required Annual Filings were required to be made by April 30, 2026.","length":748,"tagName":"p"},{"type":"text","content":"Management of the Company continues to work diligently with its auditors to complete the Required Annual Filings, at which time it expects the CTO to be lifted within two days following filing. The Company expects the Required Annual Filings to be completed on or around May 29, 2026.","length":284,"tagName":"p"},{"type":"text","content":"There is no material information concerning the affairs of the Company that has not been generally disclosed.","length":109,"tagName":"p"},{"type":"text","content":"About Prophecy DeFi","length":19,"tagName":"p"},{"type":"text","content":"Prophecy DeFi Inc. (PDFI) is a publicly traded investment company whose primary objective is to invest its funds for the purpose of generating returns from capital appreciation and income. It plans to accomplish these goals by bringing together technology start-ups in the Blockchain and Decentralized Finance sectors to fund innovation, elevate industry research, and create new business opportunities in a coherent ecosystem.","length":427,"tagName":"p"},{"type":"text","content":"www.prophecydefi.com","length":20,"tagName":"p"},{"type":"text","content":"For further information, please contact:","length":40,"tagName":"p"},{"type":"text","content":"Jon Cohen, CFOTel: (416) 764-0314Email: [email protected]","length":63,"tagName":"p"},{"type":"text","content":"Forward-Looking Information","length":27,"tagName":"p"},{"type":"text","content":"This news release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. ...