Today's News |
Fobi AI Announces AGM Postponement & Resignation of Auditors
Tuesday, April 9, 2024Company Profile | Follow Company
Vancouver, BC, April 9, 2024--(T-Net)--Fobi AI Inc. (FOBI:TSXV), a leader in harnessing AI and data intelligence to enable digital transformation, announced it has postponed its annual general and special meeting originally scheduled for Thursday, April 4, 2024 last week.
The postponement is due to the resignation of its auditors, BDO Canada LLP. The resignation effective March 21, 2024, was received after the Company had mailed its AGM materials, in accordance with applicable regulatory and corporate timelines, to shareholders on February 29, 2024, according to the company.
The materials included a recommendation appointing BDO as auditors of the Company for the ensuing year. The Company said in a release that it must now delay the AGM in order to send updated materials to shareholders.
The Company says it will work to set the delayed AGM at the earliest available new date and expects to announce the new date as soon as possible.
Rob Anson, CEO, Fobi AI Inc.
Rob Anson, CEO of Fobi AI, states: "The timing of the resignation by our auditor is very disappointing as it forces an unfortunate delay in hosting our scheduled AGM. We have identified a new audit firm that we are excited to partner with and are working diligently to finalize their engagement."
About Fobi
Founded in 2017 in Vancouver, Canada, Fobi is a leading AI and data intelligence company that provides businesses with real-time applications to digitally transform and future-proof their organizations. Fobi enables businesses to action, leverage, and monetize their customer data by powering personalized and data-driven customer experiences and drives digital sustainability by eliminating the need for paper and reducing unnecessary plastic waste at scale.
Fobi works with some of the largest global organizations across retail & CPG, insurance, sports & entertainment, casino gaming, and more. Fobi is a recognized technology and data intelligence leader across North America and Europe, and is the largest data aggregator in Canada's hospitality & tourism industry.
This news release contains certain statements which constitute forward-looking statements or information, including statements relating to the use of proceeds from the Offering. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the Company's control, including the impact of general economic and capital markets conditions, stock market volatility and the ability to access sufficient capital from internal and external sources. Although the Company believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. [ MORE ] |
Other Recent Company News |
|||||||||||||||||||
|