TradeWindow's executive director and chief executive, AJ Smith, has been unable to make the full settlement payment for the second tranche of shares.
Smith settled $122,000 of the $328,000 due, but he has informed the company that he will only be able to make the settlement of $133,000 by December 21, 2024, and the remaining balance by March 31, 2025.
The delay in settlement does not impact the company's previous guidance to the market.
The original settlement date for this tranche of shares was November 30, 2024, but it was later extended to December 7, 2024.
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