News Category Global Banking & Finance Reviews
Triterras, Inc. Announces Independent Investigation by the Audit Committee to Address and Rebut Recent Short Report
SINGAPORE, Jan. 25, 2021
Triterras Inc. (Nasdaq: TRIT, TRITW), a leading fintech company for trade and trade finance, has made two key announcements.
With the full support of management, the Audit Committee has initiated an independent investigation into accusations made by a recent short report that has caused significant volatility in the Company’s share price. The investigation will be overseen by the Audit Committee of the Company’s Board of Directors. The Audit Committee is in the process of selecting the legal counsel that will conduct the investigation into the blockchain, related party transaction and other accusations made. The undertaking of this investigation by an independent third party is enthusiastically supported by the Company’s CEO and executive management, and the company expects this revie