Pegasus Mercantile Faces Trading Suspension; Manhattan Bridge Declares $0.11 Dividend
Pegasus Mercantile missed its September 30, 2025 annual financials and MD&A, prompting a BCSC Failure-to-File cease trade order and suspension of CSE trading until filings are completed and the order revoked. Manhattan Bridge Capital announced a $0.11 quarterly dividend payable April 15 to holders of record on April 8.
1. FFCTO and Trading Suspension at Pegasus Mercantile
The British Columbia Securities Commission issued a Failure-to-File cease trade order on February 4 after Pegasus Mercantile failed to submit its annual financial statements and MD&A for the year ended September 30, 2025 by the January 28 deadline. As a result, the Canadian Securities Exchange has suspended trading in the company’s shares; trading will resume only once all required filings are made and the BCSC revokes the order.
2. Quarterly Dividend Declaration by Manhattan Bridge Capital
Manhattan Bridge Capital’s board approved a quarterly dividend of $0.11 per share to shareholders of record on April 8, with payment scheduled for April 15. This marks the company’s ongoing commitment to returning capital to investors through its established dividend program.