07:20 AM EDT, 09/16/2025 (MT Newswires) -- Dye & Durham ( DYNDF ) said overnight Monday it will miss the Sept. 29 deadline to file financial statements and management's discussion and analysis for the fiscal year ended June 30 and has applied to the Ontario Securities Commission for a temporary management cease-trade order.

The delay stems from an OSC review letter received July 30 questioning the level at which the company tests goodwill for impairment and certain purchase-accounting disclosures in last year's statements, Dye & Durham ( DYNDF ) said.

The company is working with its advisers and auditor to respond and does not expect any impact on previously reported results, including cash or adjusted EBITDA.

If an MCTO is granted, Dye & Durham ( DYNDF ) will provide bi-weekly status updates via news release until the annual filings are made.

Dye & Durham ( DYNDF ) shares closed down 4.3% to $10.34 on the Toronto Stock Exchange Monday.