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Wednesday, October 04, 2023 5:35:15 PM
For Period Ended: June 30, 2023
NOTIFICATION OF LATE FILING
Form 10-K
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portions thereof?
ý Yes ¨ No
The Company anticipates a net loss attributable to the company (“net loss”) for the fiscal year ended June 30, 2023 of $39.497 million, or $1.32 per share, compared to a net loss for the fiscal year ended June 30, 2022 of $10.887 million, or $0.41 per share. This increased net loss in fiscal year 2023 as compared to fiscal year 2022 is primarily due to the recognition of earnout shares and warrant liabilities associated with the Business Combination as well as legal and other professional fees.
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