RegulatoryApr 15, 2026, 05:49 PM
Westport: Cyber Investigation Concludes, No Control Deficiencies
AI Summary
Westport Fuel Systems provided a bi-weekly update on its management cease trade order (MCTO), issued April 1, 2026, due to delayed Annual Filings. The delay stemmed from a cybersecurity incident announced March 20, 2026. The company confirmed the cyber investigation concluded, finding no deficiencies in internal controls over financial reporting, and the audit for Annual Filings is now underway.
Key Highlights
- MCTO issued April 1, 2026, due to delayed Annual Filings.
- Annual Filings were required by March 31, 2026.
- Cybersecurity incident announced March 20, 2026, caused the delay.
- Cyber investigation concluded, finding no internal control deficiencies.
- Audit for Annual Filings is now underway.