Star Metro - Metavista Announces Grant of Management Cease Trade Order

The Company is working diligently with Davidson & Company LLP to complete the audit and expects to file the Annual Filings as soon as practicable.The Company currently expects to file the Annual Filings on or before May 31, 2025, and will issue a news release announcing the completion of such filings at that time. In the interim, the Company will comply with the alternative information guidelines set out in National Policy 12-203 - Management Cease Trade Orders. These guidelines require the Company to issue bi-weekly default status reports by way of news release for so long as the Annual Filings remain outstanding.

During the management cease trade order (the "MCTO"), the general investing public will continue to be able to trade in the Company's listed common shares. However, the Company's Chief Executive Officer and Chief Financial Officer will be subject to a trading prohibition in accordance with the terms of the MCTO and will not be permitted to trade in the Company's securities until the Annual Filings are filed and the MCTO is lifted.

About Metavista3D

Metavista3D Inc., through its wholly owned subsidiary, psHolix AG, is at the forefront of developing AI-driven, pseudo- holographic display technologies designed to transform how we interact with spatial content. With over 20 patents and a commitment to innovation, Metavista3D is shaping the future of immersive, glasses-free 3D experiences. For more information, visit www.metavista3D.com.

Metavista3D's shares are publicly traded and listed in Canada on the TSX-Venture Exchange under the ticker symbol DDD, and on the German Stock Exchange in Frankfurt and others under the ticker symbol E3T.

ON BEHALF OF THE BOARD OF DIRECTORS
Jeffrey Carlson CEO
E: [email protected]
T: (702) 518-3220

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

Notice Regarding Forward-Looking Information:

This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein, without limitation, statements relating to completion of the audit of the year ended December 31, 2024 and timing thereof, completion of the Annual Filings and timing thereof, and that the Company will complete the Annual Filings by May 31, 2025 are forward looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those expressed or implied in such forward-looking statements. These forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates.

The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

Investors are encouraged to read the Company's continuous disclosure documents and audited annual consolidated financial statements which are available on SEDAR+ at www.sedarplus.ca.

SOURCE: Metavista3D Inc.

View the original press release on ACCESS Newswire

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