VANCOUVER, BC / ACCESS Newswire / March 19, 2025 / Alset AI Ventures Inc.(TSXV:GPUS)(OTC:ALSCF)(FSE:1R60, WKN:A3ESVQ) ("Alset AI" or the "Company") an artificial intelligence (AI) venture company advancing innovation through strategic investment and cloud computing solutions, announces that it has filed its management-prepared interim financial statements for the three-month period ended December 31, 2024, along with the related management's discussion and analysis ("MD&A") and CEO and CFO certifications (collectively, the "Interims").
The Company anticipates the revocation of the management cease trade order (the "MCTO") issued by the British Columbia Securities Commission. The MCTO was initially requested due to delays in filing the previously required audited annual financial statements and accompanying MD&A. With the filing of the Interims now complete, the Company expects the management trading restrictions to be lifted.
About Alset AI Ventures Inc.
Alset AI is a pioneering AI and cloud computing investment firm, committed to nurturing high-potential technology companies. Through a combination of capital, strategic advisory, and cloud computing alliances, Alset AI is shaping the future of artificial intelligence and building an AI-focused venture capital platform poised for substantial growth.
For further information about Alset AI Ventures Inc., please contact:
Investor Relations
T: 236.312.6744
E: ir@alsetai.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note regarding Forward Looking Statements
This press release may contain forward-looking statements regarding Alset AI Ventures Inc. ("Alset AI" or the "Company"), its business, and future plans, including but not limited to statements related to the anticipated revocation of the management cease trade order ("MCTO"), the potential lifting of trading restrictions, and the Company's future financial position, strategy, and growth prospects. Forward-looking statements are often identified by words such as "anticipates," "believes," "expects," "intends," "may," "plans," "projects," "should," "will," and similar expressions. These statements are based on management's current expectations, assumptions, and beliefs and are subject to various risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Such risks include, but are not limited to, delays or unexpected challenges in the MCTO revocation process, changes in regulatory conditions, market fluctuations, and other unforeseen events that may impact the Company's financial condition and business operations. There can be no assurance that forward-looking statements will prove accurate, as actual results and future events may differ materially from those anticipated. Readers are cautioned not to place undue reliance on these statements. The Company disclaims any obligation to update or revise forward-looking statements except as required by law. Investors should review the Company's most recent filings, including the "Risk Factors" section in its Annual Information Form and other disclosure documents available on SEDAR+ at www.sedarplus.ca, for a more detailed discussion of applicable risks and uncertainties.
SOURCE: Alset AI Ventures Inc.
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