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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
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Triterras, Inc. Announces Independent Investigation by the Audit Committee to Address and Rebut .
Triterras Fintech Pte Ltd.January 25, 2021 GMT
SINGAPORE, Jan. 25, 2021 (GLOBE NEWSWIRE) 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
Triterras Authorizes $50 Million Share Repurchase Program and Provides Update on Recent Events Triterras Fintech Pte Ltd.
SINGAPORE, Jan. 18, 2021 (GLOBE NEWSWIRE)
Triterras Inc. (Nasdaq: TRIT, TRITW), a leading fintech company for trade and trade finance, has authorized a share repurchase program of up to $50 million and provided updates on other recent events.
$50 Million Share Repurchase Program
Triterras’ recent share price has created an attractive opportunity for the company to institute a stock repurchase program. The Board of Directors has approved a share repurchase of up to $50 million of the Company’s common stock in open market or privately negotiated transactions, which may or may not be conducted through 10b5-1 plans.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Triterras Launches Kratos Logistics Module in Partnership with Seven Oceans
Triterras Fintech Pte Ltd.January 8, 2021 GMT
Company completes next stage in building its revolutionary commodity trading and trade finance digital marketplace across transactions, financing and now delivery
SINGAPORE, Jan. 08, 2021 (GLOBE NEWSWIRE) Triterras Inc. (Nasdaq: TRIT, TRITW), a leading fintech company for trade and trade finance, today announced the launch of a new logistics module on Kratos, its blockchain-enabled, commodity trading and trade finance platform. To build the logistics module, Triterras collaborated with Seven Oceans, a Singapore-based company that creates maritime and shipping software for commercial shipping and fleet management.