Business
Tenet Announces Update to OSC Disclosure Record Review and Partial Revocation Application of Failure to File Cease Trade Order
Toronto, Ontario--(Newsfile Corp. - February 3, 2026) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler Business Development Platform, wishes to provide an update regarding the failure to file cease trade order (the "FFCTO") issued on the Company's securities by the Ontario Securities Commission (the "OSC") on May 7, 2025. While the Company continues to work with the OSC in regard to...
About this update from Tenet Healthcare Corporation
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - February 3, 2026) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler Business Development Platform, wishes to provide an update regarding the failure to file cease trade order (the "FFCTO") issued on the Company's securities by the Ontario Securities Commission (the "OSC") on May 7, 2025. While the Company continues to work with the OSC in regard to the ongoing disclosure record review, there is no definitive timetable for the completion of this process and a revocation of the FFCTO. The FFCTO was issued as a result of the Company's delay in filing its annual financial statements, management's discussion and analysis and related officer certifications for the year ended December 31, 2024, as required by National Instrument 51-102 - Continuous Disclosure Obligations; and certification of the foregoing filings, as required by National Instrument 52-109 - Certification of Disclosure in Issuers' Annual and Interim Filings (the "Annual Filings"). The Company filed the Annual Filings on October 1, 2025 and submitted an application for a full revocation of the FFCTO to the OSC on October 6, 2025 (the "Full Revocation Application"). As part of the review process, the Company has already agreed to refile certain past management discussion & analysis ("MD&As") deemed to be deficient in their disclosures and anticipated such filings at the end of the review process. Questions have also been raised, including but not limited to, questions related to revenue recognition and expected credit loss provisions, which may also require the restatement of some recently filed financial statements covering the same periods as the MD&As.","length":1884,"tagName":"p"},{"type":"text","content":"Partial Revocation Application","length":30,"tagName":"p"},{"type":"text","content":"While the review process of the Full Revocation Application continues, the Company submitted an application to the OSC for a partial revocation of the FFCTO (the "Partial Revocation Application"), that would allow the Company to conduct a private placement financing to help the Company maintain its operations and cover essential exp...