Credissential Provides Update on Management Cease Trade Order
Calgary, Alberta — November 12, 2025 — Leads & Copy — Credissential Inc. (CSE: WHIP) has released a biweekly status update regarding its Management Cease Trade Order (MCTO) in compliance with National Policy 12-203.
The Alberta Securities Commission granted the MCTO due to a delay in filing the company’s audited annual financial statements for the fiscal year ended June 30, 2025, including the accompanying management’s discussion and analysis, and related CEO and CFO certifications.
The MCTO restricts the Chief Executive Officer and Chief Financial Officer from trading the company’s securities until the filings are completed and the order is lifted. However, the company’s shares remain tradable by the general investing public.
The delay in completing the audit is attributed to the complexity of the company’s financial reporting period, which included the consolidation of two acquisitions and convertible note financings. These transactions necessitated additional audit and review procedures related to purchase price allocations, fair value assessments, and financial instrument accounting.
Credissential is working with its auditors, Kenway Mack Slusarchuk Stewart LLP, to complete the audit and anticipates filing the Annual Filings on or before November 29, 2025.
The company intends to continue issuing biweekly default status reports until the Annual Filings are made, adhering to the alternative information guidelines under NP 12-203. The company confirms that there have been no material changes to the information in the initial default announcement issued on October 29, 2025, and that it has fulfilled its stated intentions regarding the provisions of the alternative information guidelines under NP 12-203.
There is no other undisclosed material information concerning the company’s affairs.
Credissential is an AI-powered financial services software developer. More information about the company is available at its website.
Colin Frost, Chief Executive Officer of Credissential Inc., can be reached at +1 (236) 513 4776 or info@credissential.com. Head office is located at 2004 Sherwood Drive Sherwood Park, AB T8A 0Z1.
Source: Credissential Inc.
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