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CURRENT REPORT
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Item 8.01 Other Events
On April 17, 2025, Orgenesis Inc. (the “Company”) received a notice that is delinquent in filing its 10-K for the period ending December 31st, 2024 and therefore no longer meets the OTCQX Requirements for Continued Qualification as per Section 2.2 (A)(1)(i) of the OTCQX Rules for U.S. Companies: All required annual, quarterly and other interim reports on EDGAR.
Per Section 4.1 (A) of the OTCQX Rules, the Company has 45 days, or until June 2, 2025 to cure this deficiency. If the Company is unable to cure the deficiency within the timeframe provided, then it will be removed from OTCQX.
The Company has dedicated significant resources to completing the Form 10-K and is working diligently to complete the necessary work to file the 2024 Form 10-K as soon as practicable. The Company and its finance team have been focusing on capital raising and, therefore, requires more time to complete all the work required in order to file the Form 10-K including the completion of the audit of the Company’s financial statements by the Company’s independent auditors for inclusion in the 2024 Form 10-K. There can be no assurance that the Company will file the 10-K on or before June 2, 2025 and remain traded on the OCTQX.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ORGENESIS INC. | ||
| Date: April 22, 2025 | By: | /s/ Victor Miller |
| Victor Miller | ||
| Chief Financial Officer, | ||
| Treasurer and Secretary | ||