Mr. Vincent Kadar reports
ANALYTIXINSIGHT INC. ANNOUNCES CEASE TRADE ORDER
The Ontario Securities Commission (OSC) has issued a failure-to-file cease trade order (CTO) against AnalytixInsight Inc., which orders that general trading, whether direct or indirect, of the securities of the company cease under Multilateral Instrument 11-103, Failure-to-File Cease Trade Orders in Multiple Jurisdictions. A copy of the CTO has been posted to the OSC website.
The CTO was issued as a result of the company's failure to file its audited consolidated financial statements for the year ended Dec. 31, 2025, the related annual management's discussion and analysis, and management certifications of annual filings before the prescribed filing deadline. The failure to file the required filings by the deadline is mainly due to the company not having yet received the audited financial statements of Marketwall S.r.l., an Italian private company in which the company holds a minority equity interest, which are required by the company's auditor in order to complete the audit of the company's consolidated financial statements.
The CTO is a procedural consequence of a third party filing-timing matter and is not a reflection of any operational, financial or governance concern at the company; shareholders should accordingly not be alarmed by the CTO. The company continues to work diligently with Marketwall and its auditor to obtain the outstanding financial information, and to complete and file the required filings as soon as practicable thereafter. The company does not expect any interruption to its operations during the period the CTO is in effect, including the previously announced proposed sale of the company's interest in Marketwall to Intesa Sanpaolo S.p.A. and the related special meeting of shareholders scheduled for May 29, 2026. Revocation of the CTO is expected to occur within a few days after the required filings are made.
About AnalytixInsight Inc.
AnalytixInsight is a financial technology company listed on the TSX Venture Exchange under the symbol ALY. The company's principal asset is its minority equity interest in Marketwall S.r.l.
We seek Safe Harbor.
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