Alset AI Announces Filing of Interim Financial Statements
Alset AI Ventures Inc. (TSXV:GPUS, OTC:ALSCF, FSE:1R60) has announced the filing of its management-prepared interim financial statements for the quarter ending December 31, 2024. The filing includes related management's discussion and analysis (MD&A) and executive certifications.
The company, which focuses on AI innovation through strategic investment and cloud computing solutions, expects the British Columbia Securities Commission to revoke its management cease trade order (MCTO). The MCTO was previously imposed due to delays in filing required audited annual financial statements and MD&A. With the completion of interim filings, management trading restrictions are anticipated to be lifted.
Alset AI Ventures Inc. (TSXV:GPUS, OTC:ALSCF, FSE:1R60) ha annunciato il deposito dei suoi bilanci finanziari intermedi preparati dalla direzione per il trimestre conclusosi il 31 dicembre 2024. Il deposito include la relativa discussione e analisi della direzione (MD&A) e le certificazioni esecutive.
L'azienda, che si concentra sull'innovazione nell'IA attraverso investimenti strategici e soluzioni di cloud computing, si aspetta che la British Columbia Securities Commission revoci il suo ordine di cessazione del commercio da parte della direzione (MCTO). L'MCTO era stato precedentemente imposto a causa di ritardi nel deposito dei bilanci annuali auditati e del MD&A richiesti. Con il completamento dei depositi intermedi, si prevede che le restrizioni al commercio della direzione siano sollevate.
Alset AI Ventures Inc. (TSXV:GPUS, OTC:ALSCF, FSE:1R60) ha anunciado la presentación de sus estados financieros interinos preparados por la administración para el trimestre que finaliza el 31 de diciembre de 2024. La presentación incluye el análisis y discusión de la administración (MD&A) y certificaciones ejecutivas relacionadas.
La compañía, que se centra en la innovación en IA a través de inversiones estratégicas y soluciones de computación en la nube, espera que la British Columbia Securities Commission revoque su orden de cese de operaciones por parte de la administración (MCTO). El MCTO se impuso anteriormente debido a retrasos en la presentación de los estados financieros anuales auditados y el MD&A requerido. Con la finalización de los depósitos interinos, se anticipa que se levanten las restricciones de comercio para la administración.
Alset AI Ventures Inc. (TSXV:GPUS, OTC:ALSCF, FSE:1R60)는 2024년 12월 31일 종료 분기의 경영진이 준비한 중간 재무제표 제출을 발표했습니다. 제출에는 관련 경영진의 논의 및 분석(MD&A)과 임원 인증서가 포함됩니다.
AI 혁신에 전략적 투자 및 클라우드 컴퓨팅 솔루션을 통해 집중하는 이 회사는 브리티시컬럼비아 증권위원회가 경영진 거래 중지 명령(MCTO)을 철회할 것으로 예상하고 있습니다. MCTO는 요구되는 감사 연간 재무제표 및 MD&A 제출 지연으로 인해 이전에 부과되었습니다. 중간 제출이 완료됨에 따라 경영진 거래 제한이 해제될 것으로 예상됩니다.
Alset AI Ventures Inc. (TSXV:GPUS, OTC:ALSCF, FSE:1R60) a annoncé le dépôt de ses états financiers intermédiaires préparés par la direction pour le trimestre se terminant le 31 décembre 2024. Le dépôt comprend la discussion et l'analyse de la direction (MD&A) ainsi que les certifications exécutives associées.
L'entreprise, qui se concentre sur l'innovation en IA grâce à des investissements stratégiques et des solutions de cloud computing, s'attend à ce que la British Columbia Securities Commission lève son ordre de cessation de commerce par la direction (MCTO). Le MCTO avait été imposé précédemment en raison de retards dans le dépôt des états financiers annuels audités et du MD&A requis. Avec l'achèvement des dépôts intermédiaires, il est prévu que les restrictions commerciales de la direction soient levées.
Alset AI Ventures Inc. (TSXV:GPUS, OTC:ALSCF, FSE:1R60) hat die Einreichung seiner von der Geschäftsführung vorbereiteten Zwischenfinanzberichte für das am 31. Dezember 2024 endende Quartal bekannt gegeben. Die Einreichung umfasst die dazugehörige Diskussion und Analyse des Managements (MD&A) sowie die entsprechenden Geschäftsführerzertifikate.
Das Unternehmen, das sich auf KI-Innovationen durch strategische Investitionen und Cloud-Computing-Lösungen konzentriert, erwartet, dass die British Columbia Securities Commission ihre Handelsstoppanordnung für das Management (MCTO) aufhebt. Die MCTO wurde zuvor aufgrund von Verzögerungen bei der Einreichung der erforderlichen geprüften Jahresabschlüsse und MD&A verhängt. Mit dem Abschluss der Zwischenberichte wird erwartet, dass die Handelsbeschränkungen für das Management aufgehoben werden.
- Filing of overdue financial statements indicates compliance restoration
- Expected lifting of management cease trade order (MCTO)
- Previous delay in filing required financial statements
- Recent trading restrictions due to compliance issues
VANCOUVER, BC / ACCESS Newswire / March 19, 2025 / Alset AI Ventures Inc.(TSXV:GPUS)(OTC:ALSCF)(FSE:1R60, WKN:A3ESVQ) ("Alset AI" or the "Company") an artificial intelligence (AI) venture company advancing innovation through strategic investment and cloud computing solutions, announces that it has filed its management-prepared interim financial statements for the three-month period ended December 31, 2024, along with the related management's discussion and analysis ("MD&A") and CEO and CFO certifications (collectively, the "Interims").
The Company anticipates the revocation of the management cease trade order (the "MCTO") issued by the British Columbia Securities Commission. The MCTO was initially requested due to delays in filing the previously required audited annual financial statements and accompanying MD&A. With the filing of the Interims now complete, the Company expects the management trading restrictions to be lifted.
About Alset AI Ventures Inc.
Alset AI is a pioneering AI and cloud computing investment firm, committed to nurturing high-potential technology companies. Through a combination of capital, strategic advisory, and cloud computing alliances, Alset AI is shaping the future of artificial intelligence and building an AI-focused venture capital platform poised for substantial growth.
For further information about Alset AI Ventures Inc., please contact:
Investor Relations
T: 236.312.6744
E: ir@alsetai.com
Neither 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.
Cautionary Note regarding Forward Looking Statements
This press release may contain forward-looking statements regarding Alset AI Ventures Inc. ("Alset AI" or the "Company"), its business, and future plans, including but not limited to statements related to the anticipated revocation of the management cease trade order ("MCTO"), the potential lifting of trading restrictions, and the Company's future financial position, strategy, and growth prospects. Forward-looking statements are often identified by words such as "anticipates," "believes," "expects," "intends," "may," "plans," "projects," "should," "will," and similar expressions. These statements are based on management's current expectations, assumptions, and beliefs and are subject to various risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to, delays or unexpected challenges in the MCTO revocation process, changes in regulatory conditions, market fluctuations, and other unforeseen events that may impact the Company's financial condition and business operations. There can be no assurance that forward-looking statements will prove accurate, as actual results and future events may differ materially from those anticipated. Readers are cautioned not to place undue reliance on these statements. The Company disclaims any obligation to update or revise forward-looking statements except as required by law. Investors should review the Company's most recent filings, including the "Risk Factors" section in its Annual Information Form and other disclosure documents available on SEDAR+ at www.sedarplus.ca, for a more detailed discussion of applicable risks and uncertainties.
SOURCE: Alset AI Ventures Inc.
View the original press release on ACCESS Newswire
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