Triterras Inc. (NASDAQGM:TRIT, TRITW))) (“Triterras” or the “Company”), a leading fintech company focused on trade and trade finance, today is providing an update on the independent audit of its financial statements for the fiscal year ended February 28, 2021 (the “Audit”).
While the Company believed that the Audit could be completed by September 30, 2021, additional time is needed for the Audit to be completed.
Nasdaq granted the Company an extension to November 1, 2021 to regain compliance with Nasdaq Listing Rule 5250(c)(1) by filing its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission. After discussions with the Company’s independent auditor, the Company anticipates that the Audit will be completed in time to allow for the finalization and filing of its Annual Report on Form 20-F by November 1, 2021.
Upon completion of the Audit, the Company plans to announce the time and date for its earnings conference call to discuss results for the fiscal year ended February 28, 2021 and provide a business update.