Regulatory Action
-
Nexera Announces Cease Trade Order
On August 5, 2025, Nexera Energy (NGY, EMBYF) received a cease trade order (CTO) from the Alberta Securities Commission due to a failure to file annual financial documents by the July 29 deadline. The missing documents include audited financial statements, management’s analysis, CEO/CFO certifications, and oil/gas disclosures. The CTO halts trading in all Nexera securities but can be revoked if the company files the required documents within 90 days, which management anticipates.