Apr 16
Westport Provides Bi-Weekly Management Cease Trade Order Status Update
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➤ Westport Fuel Systems is providing an update on a temporary management cease trade order (MCTO) issued due to delayed financial filings following a cybersecurity incident. ➤ The company has concluded its investigation into the cyber incident, finding no deficiencies in internal controls over financial reporting, and is now proceeding with a revised audit scope for the delayed filings. ➤ Westport confirms no material changes since the initial announcement and will continue to provide bi-weekly updates as required by regulatory policy until the filings are completed.
