NEXTPOINT FINANCIAL INC. PROVIDES UPDATE ON ITS ANNUAL FILINGS AND ANNOUNCES ADJOURNMENT OF ITS ANNUAL SHAREHOLDER MEETING

HURST, Texas, Dec. 30, 2022 /CNW/ – NextPoint Financial Inc. (TSX: NPF.U) (TSX: NPF.WT.U) (“NextPoint” or, the “Company“) announced today that, as a result of the Company’s financial statements in respect of the financial year ended December 31, 2021 (the “Annual Financial Statements“) not being ready to put before the Company’s shareholders at its annual general meeting of the Company’s shareholders (the “AGM“) scheduled for 9:30 am (Eastern Time) today, it will ask Company shareholders to adjourn the AGM to 9:30 am (Eastern Time) on January 6, 2023.  The Company anticipates that the Annual Financial Statements and the related management’s discussion and analysis and annual information form will be filed with the Canadian Securities Administrators prior to the date of the adjourned AGM.

The Company anticipates completing and filing its ‎‎(i) interim financial statements for the quarter ended March 31, 2022 and the related management’s ‎discussion and analysis, and (ii) interim ‎financial statements for the quarter ended June 30, 2022 and the related management’s discussion and ‎analysis, by the end of February of 2023. ‎The Company also anticipates completing and filing its interim financial statements for the quarter ended September 30, 2022 and ‎the related management’s discussion and analysis by the end of February of 2023. Upon becoming current with its continuous disclosure filings, ‎the Company will promptly seek to have the cease trade order…