Business
Universal Ibogaine Advises of Filing Application for Management Cease Trade Order
(TheNewswire) Calgary, AB – TheNewswire - November 25, 2025 – Univers...
About this update from Universal Ibogaine Inc
[{"type":"text","content":"Universal Ibogaine Advises of Filing Application for Management Cease Trade Order\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Calgary, AB –\n \n\n TheNewswire -\n \n\n November 25, 2025 – Universal Ibogaine Inc.\n(\n \n\n TSXV:IBO\n \n\n ) (“\n \n\n UI\n \n\n ” or the “\n \n\n Company\n \n\n ”), a life sciences company with a\nmission to deliver medicalized ibogaine-centered addiction care,\nadvises that it has made an application to the Alberta Securities\nCommission (as Principal Regulator) and the British Columbia\nSecurities Commission, to approve a temporary management case trade\norder (“\n \n\n MCTO\n \n\n ”) under National Policy 12-203 -\n \n\n Cease Trade Orders for Continuous\nDisclosure Defaults\n \n\n (“\n \n\n NP 12-203\n \n\n ”), which,\nif granted, will prohibit trading securities of the Company by the\nChief Executive Officer and Chief Financial Officer (position\ncurrently vacant) of the Company until such time as the Required\nFilings (defined below) and all continuous disclosure requirements\nhave been filed by the Company, and the MCTO has been lifted.  During\nthe period in which the MCTO is in effect, the general public will\ncontinue to be able to trade in the Company’s listed common shares.\n The MCTO application has been made but there is no guarantee or\nassurance that the MCTO will be granted.\n \n\n\n\n\n\n The Company will be\nunable to file its audited consolidated financial statements for the\nfinancial year ended July 31, 2025 (the “\n \n\n Financial Statements\n \n\n ”) and the related management’s discussion and analysis\n(the “\n \n\n MD&A\n \n\n ”) and Chief Executive Officer and Chief Financial Officer\ncertificates for this period (collectively, with the Financial\nStatements, the “\n \n\n Required\nFilings\n \n\n ”) before the filing deadline of\nNovember 28, 2025 (the “\n \n\n Filing Deadline\n \n\n ”).\n \n\n\n\n The delay in the Required Annual Filings is the result\nof the Company currently having limited financial resources to\ncomplete the audit of the Financial Statements.  The Company expects\nto rectify this situation in the near term and be in a position to\ncompl...