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Accord Revokes Management Cease Trade Order

Accord-Announces-Revocation-of-Management-Cease-Trade-Order

Accord Financial Corp. is pleased to announce that effective April 10, 2025, the Ontario Securities Commission (“OSC”) has revoked the temporary management cease trade order (“MCTO”) which prevented trading in securities of the Company by directors and officers of the Company until such time as the Required Filings (as defined below) and all continuous disclosure requirements have been filed by the Company. The Required Filings were due on March 31, 2025. During the period in which the MCTO was effective, the general public, who was not an insider of the Company, was able to continue to trade in the Company’s listed securities.

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The Company confirms that it has completed the filing of its audited annual consolidated financial statements for the year ended December 31, 2024, and the related management’s discussion and analysis, annual information form for the year ended December 31, 2024 and chief executive officer and chief financial officer certificates for this period (collectively, the “Required Filings”) on April 8, 2025.

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Following the filing of the Required Filings, the OSC has revoked the MCTO. Copies of the Required Filings are available on the Company’s SEDAR+ profile.

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About Accord

Accord Financial is one of North America’s most dynamic commercial finance companies providing fast, versatile financing solutions including asset-based lending, factoring, inventory finance, equipment finance (in Canada), trade finance and film/media finance. By leveraging our unique combination of financial strength, deep experience and independent thinking, we craft winning financial solutions for small and medium-sized businesses, simply delivered, so our clients can thrive.

To share your insights with the FinTech Newsroom, please write to us at sudipto@intentamplify.com

Source – PR Newswire

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