Wilagr Linkedin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Facedrive provides new information on company operations following OSC request
Toronto-based ride-sharing company Facedrive recently provided what it called “clarifying information” on its acquisitions and projects launched in the third and second quarters of 2020.
Facedrive claimed to be providing the information after being requested to do so by the Ontario Securities Commission’s Corporate Finance Branch as part of a continuous disclosure review that dates back to 2020.
The recent clarifications come in the wake of two reports questioning Facedrive’s valuation, leadership, and purported growth.
The company statement notes Facedrive was requested to provide “clarifying information” about its Foodora asset acquisition, the HiRide acquisition, a consulting agreement with US medical device company Medtronics as well as the status of Facedrive’s early stage and non-revenue generating “projects” during fiscal Q2 and Q3 2020. ....

Jay Wilgar , Suman Pushparajah , Susan Uthayakumar , Wilagr Linkedin , Junaid Razvi , Sayan Navaratnam , Schneider Electric , Ontario Securities Commission Corporate Finance Branch , Corporate Finance Branch , Ventures Exchange , Ontario Securities Commission , Foodora Canada , Steer Acquisition , Hindenburg Research , ஜுனைட் ராஜ்வி , சாயன் நவரட்னம் , ஶ்நைடர் மின்சார , பெருநிறுவன நிதி கிளை , முயற்சிகள் பரிமாற்றம் , ஆஂடேரியொ பத்திரங்கள் தரகு , ஹிண்டன்பர்க் ஆராய்ச்சி ,