Date:
Flexion (Nasdaq: FLEXM) today announces that a comprehensive independent legal and accounting review relating to the FY 2022 accounts has now concluded. The Review was commissioned by the Board to support its auditors,
As announced on
In order to answer these questions definitively, the Board commissioned a thorough and comprehensive independent legal and accounting review into, inter alia, the commercial and contractual relationships between the two entities, the accounting records of Audiencly and the information provided by it during the course of the audit.
The Review has now been completed to the Company's and Board's satisfaction. An Executive summary of the Review has been sent to the Company's auditors whilst they await the full report which will be available over the following days. The Company continues to support the auditors and make every effort to conclude its reporting cycle as soon as possible.
The Company is in dialogue with the Registrar of Companies in
The Company continues to trade and to carry on its business as normal and therefore there is no risk that the Company will be struck off the Register of Companies in
The Company may be subject to an automatic fine of up to
For more information
Niklas Koresaar CFO, Email: ir@flexionmobile.com. Tel: +44 207 351 5944
About
Flexion grows revenue and audiences for games. Our mission is to become the leading games marketing company. We offer unique game distribution and influencer marketing services to top grossing developers around the world. Flexion boosts game revenue and audiences for games by maxisimising their performance in new alternative app stores, including the Amazon, Samsung, Huawei,
https://news.cision.com/flexion-mobile/r/update-on-the-audit-of-the-2022-accounts,c3917570
https://mb.cision.com/Main/16976/3917570/2569002.pdf
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