Eddy Smart Home Solutions Ltd Formerly Aumento Capital Viii Corp Announces Its Intention To Restate Its Financial Statements And Md A
NO IMPACT ON CASHFLOWS AND BUSINESS OPERATIONS TORONTO, Aug. 19, 2022 /CNW/ – Eddy Smart Home Solutions Ltd. (formerly Aumento Capital VIII Corp.) (“Eddy” or the “Company”) (TSXV: EDY) today announced that after revisiting its interpretation and application of certain technical accounting standards related to non-cash consideration provided to a developer and customer (the “Developer”) through an amended exclusive supplier agreement dated December 15, 2021 (the “Addendum”), it will restate and refile its consolidated financial statements for the year ended December 31, 2021, which were originally filed on SEDAR on May 6, 2022, the condensed consolidated interim financial statements for the three months ended March 31, 2022, which were originally filed on May 30, 2022, relevant comparative periods, and the related management’s discussion and analysis (“MD&A”) for those periods (collectively, the “Affected Disclosures”)....