Pond Technologies Holdings Inc. Applies for Management Cease Trade Order

MARKHAM, ON, April 16, 2025 /CNW/ - Pond Technologies Holdings Inc. ("Pond" or the "Company") (TSXV:POND.VN) (OTC-BB:PNDHF) (FSE:4O0), announced today that it anticipates delays in filing its audited annual financial statements for the year ended December 31, 2024 (the "Annual Financial Statements"), the related management's discussion and analysis and CEO and CFO certifications (collectively, the "Annual Filings") due to a combination of factors, including: (i) administrative challenges experienced by the Company following the recent departure of the former Chief Financial Officer the Company; and (ii) delays attributed to certain personal circumstances of the Company's key personnel responsible for leading the processes associated with the Annual Filings. The Company is continuing to work with its auditors to complete the audit of the Annual Financial Statements and anticipates that, subject to current conditions remaining the same, it will require approximately six additional weeks to complete the process of preparing the Annual Filings and in any event will use its best efforts to complete the process within the next two months.