CoinAnalyst Corp. Announces Intent to File an Amended and Restated Q1 Financial Statements

CoinAnalyst Corp. Announces Intent to File an Amended and Restated Q1 Financial Statements

CoinAnalyst Corp. (CSE: COYX) (FSE: 1EO) (the "Company") announces that the previously issued financial statements for the three months period ended March 31, 2022 and the corresponding management's discussion and analysis will be amended and restated. The amendments made to the December 31, 2021 statement of financial position will result in the restatement and reissuance of the financial statements for the period ended March 31, 2022 (the "Amended Statements") and the corresponding amended and restated management's discussion and analysis (together with the Amended Statements, the "Restated Documents").

The amendments made to the December 31, 2022 statement of financial position will affect certain reporting items in the interim financial statements for the three months ended March 31, 2022. The Restated Documents will be restated to disclose the economic and business realities of the Company for the three-month period ended March 31, 2022.

The delay in distributing this amended information was created as a result of a change in auditor and a busy audit season. Additionally, the delay was caused by the full comprehensive review that was undertaken. This review reanalysed the financial results due to a different interpretation of the accounting policies, which was concurrent with the change in auditors of the Company.

In connection with the filing of the Restated Documents, the Company will also be filing CEO and CFO certifications in compliance with National Instrument 52-109 - Certification of Disclosure in Issuers' Annual and Interim Filings.

Until the re-filing of such Restated Documents and the corresponding senior officers' certification has occurred, investors should not rely upon the accuracy of the March 31, 2022 interim financial statements and the corresponding management's discussion and analysis.

For more information, please contact:

Andrew Sazama
Chief Operating Officer and Director
Email: contact@coinanalyst.tech
Phone: + 49 69 2648485 - 20

Forward Looking Statements

This news release contains forward-looking statements relating to the expected filing of the Restated Documents and related officers' certification. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are risks detailed from time to time in the filings made by the Company with securities regulations. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/129959

News Provided by Newsfile via QuoteMedia

COYX:CC
The Conversation (0)
QuantGate and CoinAnalyst Announce LOI to Merge, Creating One of the Leading Providers of Artificial Intelligence and Machine Learning Solutions for the Financial Services Industry

QuantGate and CoinAnalyst Announce LOI to Merge, Creating One of the Leading Providers of Artificial Intelligence and Machine Learning Solutions for the Financial Services Industry

QuantGate Systems Inc. (OTCQB: QGSI) (the "QuantGate" or "Company"), an Artificial Intelligence ("AI"), Machine Learning ("ML") SaaS-based Fintech solutions provider is pleased to announce that it has entered into a non-binding letter of intent dated October 14, 2022 (the "LOI") with CoinAnalyst... Keep Reading...
CoinAnalyst and QuantGate Announce LOI to Merge, Creating One of the Leading Providers of Artificial Intelligence and Machine Learning Solutions for the Financial Services Industry

CoinAnalyst and QuantGate Announce LOI to Merge, Creating One of the Leading Providers of Artificial Intelligence and Machine Learning Solutions for the Financial Services Industry

CoinAnalyst Corp (CSE: COYX) (FSE: 1EO) ("CoinAnalyst" or the "Company"), is pleased to announce that it has entered into a non-binding letter of intent dated October 14, 2022 (the "LOI") with QuantGate Systems Inc. (OTCQB: QGSI) ("QuantGate") pursuant to which the Company and QuantGate will... Keep Reading...
CoinAnalyst Rolls Out New Data/AI Engine for Insights

CoinAnalyst Rolls Out New Data/AI Engine for Insights

CoinAnalyst provides a detailed update on their Insight platform's backend architectureCoinAnalyst Corp. (CSE: COYX) (FSE: 1EO) ("CoinAnalyst" or the "Company"), a company that provides an artificial intelligence-based big data analytics platform which delivers detailed AI-powered analysis of... Keep Reading...
CoinAnalyst Corp. Announces Revocation of Management Cease Trade Order

CoinAnalyst Corp. Announces Revocation of Management Cease Trade Order

CoinAnalyst Corp. (CSE: COYX) (FSE: 1EO) (the "Corporation") is pleased to announce that, as a result of the filing of its annual financial statements and management's discussion and analysis for the financial year ended December 31, 2021, and the CEO and CFO certificates, on July 14, 2022, the... Keep Reading...
CoinAnalyst Corp. Provides Bi-Weekly Status Report

CoinAnalyst Corp. Provides Bi-Weekly Status Report

CoinAnalyst Corp. (CSE: COYX) (FSE: 1EO) (the "Corporation") is providing this bi-weekly default status report (the "Default Status Report") in accordance with National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults ("NP 21-203"). On April 26, 2022, the Corporation... Keep Reading...
Gold and silver crypto coins and gold bars on a striped surface.

Crypto Market Update: Stablecoin Market Passes US$300 Billion in Fastest Growth Since 2021

Here's a quick recap of the crypto landscape for Friday (October 3) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.Don't forget to follow us @INN_Technology for real-time news updates!Securities Disclosure: I,... Keep Reading...
Futuristic digital Euro symbol floating above a glowing network.

ECB Taps G+D, Nexi and Capgemini to Build Offline Payments for Digital Euro

The European Central Bank (ECB) has signed a framework agreement with security technology firm Giesecke+Devrient (G+D) and its partners Nexi and Capgemini to deliver offline payment capabilities for the digital euro.The trio, led by Munich-based security firm G+D, ranked first among tenderers... Keep Reading...
Handcuffs on cryptocurrency coins: Bitcoin, Ethereum, Dogecoin.

Crypto Market Update: UK Police Seize US$7 Billion in Bitcoin in Largest Crypto Bust

Here's a quick recap of the crypto landscape for Wednesday (October 1) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.Don't forget to follow us @INN_Technology for real-time news updates!Securities Disclosure:... Keep Reading...
Glowing Bitcoin symbol over digital circuit board background.

Crypto Market Update: Bitcoin Tops $112,000 Amid Crypto Sector Jitters

Here's a quick recap of the crypto landscape for Monday (September 29) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.Don't forget to follow us @INN_Technology for real-time news updates!Securities Disclosure:... Keep Reading...
Golden Bitcoin coin standing on reflective surface, with blurred coins in the background.

Crypto Market Update: Institutional Treasuries Sharply Scale Back Bitcoin Acquisitions

Here's a quick recap of the crypto landscape for Friday (September 26) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.Don't forget to follow us @INN_Technology for real-time news updates!Securities Disclosure:... Keep Reading...
Closeup of single gold Bitcoin on a dark background.

Crypto Market Update: SEC Clears Path for Crypto ETFs, Hyperliquid Launches Stablecoin

Here's a quick recap of the crypto landscape for Wednesday (September 24) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.Don't forget to follow us @INN_Technology for real-time news updates!Securities... Keep Reading...

Latest Press Releases

Related News