By Chris Wack

Triterras Inc. shares fell 20% to $3.51 after the company said an independent audit of its financial statements for the fiscal year ended Feb. 28, 2021, hasn't been finished.

The company said it is continuing to work with its independent auditor to finalize the audit but won't to meet Nasdaq's deadline to file its annual report on Form 20-F with the U.S. Securities and Exchange Commission.

Triterras said it has informed Nasdaq of the situation. Nasdaq had previously granted the company an extension to Dec. 1 to file the annual report.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

December 09, 2021 10:38 ET (15:38 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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