Boba Mint outlines proposed Heatcheck rebrand as cease trade order halts CSE trading
Boba Mint Holdings Ltd. has outlined a proposed transition to the Heatcheck name and a review of unused assets while working to complete overdue financial filings following a cease trade order.
Boba Mint Holdings Ltd. (CSE:TNJ; OTC PINK:WERDF) is planning a proposed corporate name change to Heatcheck and reviewing unused assets for possible restructuring. The company is also working to complete overdue annual financial filings after the British Columbia Securities Commission issued a failure-to-file cease trade order on November 3, 2026.
The British Columbia Securities Commission issued the order under Multilateral Instrument 11-103 - Failure-to-File Cease Trade Orders in Multiple Jurisdictions. As a result, trading in Boba Mint's common shares on the Canadian Securities Exchange has been halted.
The order followed the company's failure to submit its audited consolidated financial statements for the year ended June 30, 2026, along with related management's discussion and analysis and management certifications by the required deadline. Boba Mint refers to these documents collectively as the Required Filings.
The company said the audit has been delayed because an operating subsidiary has not provided outstanding financial information following a change in its finance team. Management is working with the bookkeeping team to obtain the remaining information requested by the auditors.
Boba Mint intends to pursue a corporate name change to Heatcheck to align its identity with its gaming business and stated strategic direction. The company intends to advance the change over the coming month, subject to applicable corporate and regulatory approvals, and will announce the effective date and any associated ticker change once confirmed.
The proposed change remains subject to the required approvals. No effective date or replacement ticker has been confirmed.
Management is also examining options to restructure unused assets. The stated objective is to reduce debt and simplify the corporate structure by addressing obligations linked to assets that are not contributing to current operations.
Boba Mint said additional information will be provided as transaction terms and approvals are finalised. The company also identifies risks involving an inability to complete restructuring transactions or achieve debt reductions, financing constraints and delays in obtaining approvals.
The board and management are working to satisfy the company's obligations relating to the Required Filings. Boba Mint intends to seek revocation of the cease trade order and approval from the Canadian Securities Exchange to resume trading.
The company says these plans depend on the timely availability of financial information and audit resources, the ability to negotiate acceptable restructuring terms and the receipt of necessary corporate, regulatory and exchange approvals. It also warns of possible further audit or filing delays and failure to meet the requirements for revocation of the order or resumption of trading.
Boba Mint states that there can be no assurance the proposed initiatives will be completed within the anticipated timeframe or at all.
Boba Mint outlined planned initiatives to pursue a proposed name change to Heatcheck, review restructuring opportunities involving unused assets and reduce debt, while working to complete its outstanding audited annual financial statements. It also announced that the British Columbia Securities Commission had issued a failure-to-file cease trade order against the Company on November 3, 2026.
Boba Mint made the announcement on November 4, 2026. The initiatives relate to the proposed Heatcheck name change, restructuring opportunities involving unused assets and the completion of the Required Filings for the year ended June 30, 2026.
Boba Mint received the cease trade order after failing to file its audited consolidated financial statements for the year ended June 30, 2026, related management's discussion and analysis and management certifications by the prescribed deadline. The British Columbia Securities Commission issued the order on November 3, 2026 under Multilateral Instrument 11-103 - Failure-to-File Cease Trade Orders in Multiple Jurisdictions.
Boba Mint's shares are listed on the Canadian Securities Exchange under CSE:TNJ and on the OTC market under OTC PINK:WERDF. Trading of its common shares on the CSE has been halted as a result of the cease trade order.
Boba Mint is proposing to change its corporate name to Heatcheck. The Company says the proposed change is intended to align its corporate identity with its gaming business and strategic direction, subject to applicable corporate and regulatory approvals.
Boba Mint intends to advance the proposed name change over the coming month. The Company says it will announce the effective date and any associated ticker change once they are confirmed, subject to the required approvals.
Boba Mint is reviewing opportunities to restructure unused assets, with the objective of reducing debt and simplifying its corporate structure. The Company says further details will be announced as transaction terms and approvals are finalised.
Completion of Boba Mint's audit has been delayed by outstanding financial information from an operating subsidiary following a change in that subsidiary's finance team. Management is working with the bookkeeping team to obtain the remaining information required by the auditors and complete the Required Filings.
Boba Mint still needs to complete its audited consolidated financial statements for the year ended June 30, 2026, related management's discussion and analysis and management certifications. The Company refers to these documents collectively as the Required Filings.
Boba Mint's board and management are working to meet the Company's obligations relating to the Required Filings as soon as possible, and seek revocation of the cease trade order and CSE approval to resume trading. The release says the outcome depends on completing the filings and satisfying the applicable requirements.
Boba Mint identifies risks including further audit or filing delays, an inability to complete restructuring transactions or achieve debt reductions, financing constraints, delays in approvals and failure to satisfy requirements for revocation of the cease trade order or resumption of trading. The Company says there can be no assurance that the initiatives will be completed within the anticipated timeframe or at all.
Boba Mint Holdings Ltd. describes itself as a gaming and digital technology company. It is pursuing a proposed transition to the Heatcheck name to align its corporate identity with its gaming business.