Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) is a North American technology company that is dedicated to creating a more transparent and accessible real estate lending ecosystem. The company recently made an announcement regarding its current status with the securities authorities in Canada and its lender.
On September 5, 2025, the securities authority in Canada noted Voxtur in default due to the Company’s failure to file its financial statements for the second quarter ended June 30, 2025, by the filing deadline. As a result, a ‘failure-to-file’ cease trade order (CTO) was issued in accordance with the guidelines set out in the Canadian Securities Administrators’ National Policy 11-207 Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions. The CTO prohibits all trading in the Company’s securities in Canada, with limited exceptions for certain beneficial security holders. The CTO will remain in effect until the required disclosures are filed, and the Ontario Securities Commission revokes the order.
Additionally, the CTO is expected to result in the suspension of Voxtur’s shares from trading on the TSX Venture Exchange (TSXV) until the CTO is revoked and all TSXV requirements are met. In terms of Voxtur’s OTC listing, the Company has until October 13, 2025, to post the financial statements for the second quarter ended June 30, 2025, via OTCIQ.com to maintain eligibility for the OTCQB. Failure to do so will result in a downgrade to the OTC Pink market.
Furthermore, Voxtur received a Notice of Default from its lender under the Amended and Restated Credit Agreement for various reasons, including the failure to provide the financial statements, repay outstanding indebtedness, maintain the required EBIDTA ratio, and pay interest when due. The Company is actively working with its financial advisor to explore liquidity options for its lender.
Voxtur is known for its targeted data analytics that simplify the lending lifecycle for investors, lenders, government agencies, and servicers. The company’s proprietary data hub and workflow platforms streamline the valuation of real estate assets, enabling market participants to effectively originate, trade, or service mortgage loans. Voxtur operates as an independent and transparent mortgage technology provider, offering primary and secondary market solutions in the United States and Canada.
In conclusion, while Voxtur faces challenges with the recent CTO and Notice of Default, the Company remains committed to providing innovative solutions in the real estate lending industry. Investors and stakeholders are advised to stay updated on Voxtur’s progress and future developments as the Company navigates through these challenges.