07:18 AM EDT, 09/29/2025 (MT Newswires) -- Dye & Durham ( DYNDF ) over the weekend said it has until Dec. 1 to file its audited financial statements for the fiscal year ended June 30, without triggering a default under its senior credit agreement. The waiver ensures that the company has full access to liquidity under the revolving credit facility. No waivers or amendments are required under Dye & Durham's ( DYNDF ) other debt instruments.

The timing delay for the filings, which was due Sept. 29, relates to a review by the Ontario Securities Commission (OSC) questioning the level at which the company tests goodwill for impairment and certain purchase-accounting disclosures in last year's statements

The company said that at this time it does not expect any impact to its previously reported results, including cash or adjusted EBITDA.

"We are pleased to have secured this waiver under our senior credit agreement, which provides us with the time and flexibility needed to advance the OSC review process and complete the audit of the FY 2025 Financial Statements," said chief executive George Tsivin. "The support of our lenders underscores their confidence in the strength of our business and our long-term outlook."