FOBI AI Inc. Announces Revocation of Failure to File Cease Trade Order
Vancouver, BC, July 10, 2026 (GLOBE NEWSWIRE) — FOBI AI Inc. (FOBI:TSXV) (Pink:FOBIF) (“Fobi” or the “Company”), a company that harnesses AI and data intelligence to enable digital transformation, is pleased to announce that the British Columbia Securities Commission, as principa
This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentVancouver, BC, July 10, 2026 (GLOBE NEWSWIRE) — FOBI AI Inc.
(FOBI:TSXV) (Pink:FOBIF) (“Fobi” or the “Company”), a company that harnesses AI and data intelligence to enable digital transformation, is pleased to announce that the British Columbia Securities Commission, as principal regulator of the Company, has issued a full revocation (the “Revocation”) of the failure-to-file cease trade order previously issued against the Company on November 1, 2024 (the “FFCTO”).Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentArticle contentThe FFCTO was issued against the Company for failing to file its annual audited financial statements, related management discussion and analysis (“MD&A”), and certifications for the financial year ended June 30, 2024 (together, the “2024 Annual Filings”). During the period when the FFCTO was in effect, interim financial statements, MD&A, and accompanying CEO and CFO certifications for the periods ending September 30, 2024, December 31, 2024, and March 31, 2025, annual financial statements, MD&A and accompanying CEO and CFO certifications for the year ended June 30, 2025, and interim financial statements, MD&A, and accompanying CEO and CFO certifications for the periods ending September 30, 2025, December 31, 2025 and March 31, 2026 (together, the “Additional Filings”) also became due.
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Article contentThe Company has filed its 2024 Annual Filings and the Additional Filing, copies of which are available on the Company’s SEDAR+ profile at www.sedarplus.ca.
The Company also announces that it has refiled (the “Refiling”) its interim financial statements, MD&A and accompanying CEO and CFO certifications for the three and six months ended December 31, 2025 (the “Q2 Filings”) copies of which are available on the Company’s SEDAR+ profile at www.sedarplus.ca.
The Refiling amend and restate the Q2 Filings originally filed on March 27, 2026 to correct an error in the accounting for professional fees and the related accounts payable, reinstate the liability, reverse the related credit to professional fees expense and recognize the associated GST/HST recoverable, and also include a clarification that the Company’s investment, being a guaranteed investment certificate with a carrying value of $28,751 as at December 31, 2025, is pledged to Bank of Montreal as general and continuing additional security for the Company’s corporate credit card for a term of twelve months.Article contentArticle contentThe Company continues to work with the TSX Venture Exchange (“TSXV”) on a reinstatement of trading and will update the market as matters progress.Article contentAbout FobiArticle contentFobi AI Inc.
(TSXV: FOBI, Pink: FOBIF) is a data and AI technology company that enables digital transformation through real-time data, mobile-wallet engagement, and Web3-ready solutions. By integrating strategy, technical architecture, and execution, Fobi helps clients across retail, sports, healthcare, and regulated industries translate digital initiatives into measurable business results.Article contentFor more information, please contact:Article contentFobi AI Inc.
Fobi Website: www.fobi.aiRob Anson, CEO Facebook: @ FobiincT : +1 877-754-5336 Ext.
3 Twitter: @ Fobi_incE: ir@fobi.ai LinkedIn: @ FobiincArticle contentForward Looking Statements/Information:Article contentThis news release contains certain statements which constitute forward-looking statements or information, including statements regarding the terms of resumption of trade of the Company’s shares on the TSX Venture Exchange, the receipt of all necessary approvals in connection with same, and other statements characterized by words such as “anticipates,” “may,” “can,” “plans,” “believes,” “estimates,” “expects,” “projects,” “targets,” “intends,” “likely,” “will,” “should,” “to be”, “potential” and other similar words, or statements that certain events or conditions “may”, “should” or “will” occur. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the Company’s control, including, without limitation, market competition,
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