Mcloud provides corporate update

San francisco , may 31, 2023 /prnewswire/ - mcloud technologies corp. (nasdaq: mcld) (tsxv: mcld) ("mcloud" or the "company") a provider of cloud technology solutions optimizing the performance, reliability and sustainability of energy-intensive assets today provided an update on the status of the filing of its annual financial statements, accompanying management's discussion and analysis, related ceo and cfo certifications and annual information form for the financial year ended december 31, 2022 (collectively, the "annual filings"). as previously announced, the company was granted a management cease trade order by the british columbia securities commission (the "bcsc"), which expired on may 30, 2023, although the company is continuing to work diligently and expeditiously to complete and file the annual filings as soon as possible, the company anticipates that the bcsc will issue a failure to file cease trade order against the company ("ftfcto").
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