● Live statusTSX: DNDTrading: Resumed (9 Feb 2026)FFCTO: RevokedFilings: CurrentVerify current status →
Audited FinancialsShareholder Claim

Dye & Durham: What Is Established Fact and What Is Shareholder Allegation?

A clear separation of established disclosure and audited facts from shareholder claims and opinions. Any shareholder statement names the shareholder who made it.

Document-driven · Last verified October 2026TSX: DND

Established

  • ✓Financial filings were delayed.
  • ✓The OSC issued a management cease trade order.
  • ✓The OSC later issued a failure-to-file cease trade order.
  • ✓The FFCTO was revoked on 6 February 2026.
  • ✓A credit-agreement filing default occurred.
  • ✓Waivers/amendments were obtained.
  • ✓FY2025 net loss was C$88m.
  • ✓FY2026 net loss was C$38.5m.
  • ✓Revenue declined 7% in FY2026.
  • ✓Adjusted EBITDA declined 15%.
  • ✓Prior-period information was restated.
  • ✓FY2026 accounting adjustments were made.
  • ✓The company disclosed a material weakness in ICFR.
  • ✓Leadership and board changes occurred.
  • ✓A strategic review was launched.
  • ✓Credas was sold.

Shareholder claims / opinions

  • Plantro

    Approximately C$1 billion in shareholder value destroyed.

  • Plantro

    Board mismanagement.

  • Plantro

    Board refusing appropriate bids.

  • Plantro

    Strategy being value-destructive.

  • Plantro

    Company brought to the brink of default.

  • Ronnie Wahi

    Financial deterioration, debt and share-price concerns.

Any such statement must name the shareholder who made it. These are not independent findings.

See the methodology page for the source hierarchy and the current status page for the live summary.

DYE & DURHAM FILES

Independent Investigative Publication — Not Affiliated with Dye & Durham Limited

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Disclaimer: Dye & Durham Files is an independent publication and is not affiliated with Dye & Durham Limited. This website reports and analyzes information contained in securities filings, audited financial statements, SEDAR+ records, regulator actions, company announcements, shareholder communications and attributable news reporting. Statements made by activist shareholders or other interested parties are identified as such and are not presented as independent findings of fact. Historical regulatory restrictions are updated to reflect subsequent revocation, remediation or other material developments.

© 2026 Dye & Durham Files. For informational purposes only — not investment, legal or financial advice.

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