Notification of Late Filing
Mace Security International (MACE) announced a delay in filing its December 31, 2022 Audited Financial Statements and 2022 OTCQX Annual Report. The company requires additional time for audit preparation and expects to file these reports between April 15 and May 1, 2023. This announcement raises questions about the company's financial health and timely compliance with reporting requirements. Mace, based in Cleveland, Ohio, has been a leader in personal safety and security products for over 40 years, providing defense sprays and tactical solutions for consumers and law enforcement. For further details, visit www.mace.com.
- None.
- Delay in filing financial statements and reports could indicate potential issues with financial health.
- The anticipated filing period extends the time investors must wait for financial performance insights, raising transparency concerns.
CLEVELAND, OH / ACCESSWIRE / March 31, 2023 / Mace Security International (OTCQX:MACE) today announced that its December 31, 2022 Audited Financial Statements and Notes and 2022 OTCQX Annual Report cannot be filed within the prescribed date because the Company requires additional time to prepare and have its financial statements audited. The Company anticipates filing these two reports by April 15 - May 1, 2023.
About Mace Security International, Inc.
Mace® Security International, Inc. (MACE) is a globally recognized leader in personal safety and security. Based in Cleveland, Ohio, the Company has spent more than 40 years designing and manufacturing consumer and tactical products for personal defense and security under its world-renowned Mace® Brand - the original trusted brand of defense spray products. The Company also offers aerosol defense sprays and tactical products for law enforcement and security professionals worldwide through its Mace® Take Down® brand, KUROS!® Brand personal safety products, Vigilant® Brand alarms, and Tornado® Brand pepper spray and stun guns. MACE® distributes and supports Mace® Brand products through mass market retailers, wholesale distributors, independent dealers, Amazon.com, Mace.com, and other channels. For more information, visit www.mace.com.
Forward-Looking Statements
Certain statements and information included in this press release constitute "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. When used, the words or phrases "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "projected," "intend to" or similar expressions are intended to identify "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to several known and unknown risks and uncertainties that may cause our actual results, trends, performance or achievements, or industry trends and results, to differ materially from the future results, trends, performance, or achievements expressed or implied by such forward-looking statements. Those risks and uncertainties may include, but are not limited to, (a) general economic and business conditions, including the impact of the COVID-19 pandemic and other possible pandemics and similar outbreaks; (b) competition; (c) potential changes in customer spending; (d) acceptance of our product offerings and designs; (e) the variability of consumer spending resulting from changes in domestic economic activity; (f) a highly promotional retail environment; (g) any significant variations between actual amounts and the amounts estimated for those matters identified as our critical accounting estimates, as well as other significant accounting estimates made in the preparation of our financial statements; (h) the impact of current and potential hostilities in various parts of the world, including but not limited to the war which resulted from Russia's invasion of Ukraine, as well as other geopolitical or public health concerns; (i) the impact of international supply chain disruptions and delays; (j) the impact on the Company of changes in U.S. Federal and State income tax regulations; and (k) the impact of inflation and the ability of the Company to pass on rising prices to its customers. You are urged to consider all such factors. Because of the uncertainty inherent in such forward-looking statements, you should not consider their inclusion to be a representation that such forward-looking matters will be achieved. Mace Security International, Inc. assumes no obligation for updating any such forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking statements.
CONTACT:
Email: investorrelations@mace.com
SOURCE: MACE SECURITY INTERNATIONAL INC
View source version on accesswire.com:
https://www.accesswire.com/747120/Notification-of-Late-Filing
FAQ
Why did MACE delay its financial report filing?
When does MACE expect to file its delayed financial statements?
What is the ticker symbol for Mace Security International?
What type of products does MACE offer?
