Listing Suspension & Financial Year End 2026 Delay9 Jun 2026 05:01
You boys need Zheng Zhu to settle soon lol and thats not happening imo, they’re gonna suspend this to avoid or delay the year ends, too much weaponry will be given to those monsters at A&G to obliterate everyone with lol
GST cannot simply refuse to publish its financials because the numbers might be weak or because of the ongoing Semnet case. They are legally required to release the audited FY2026 results by the end of July (DTR 4.1).
However July 18th 2025 Notice of arbitration sent this to suspension in the end.
GST did exactly this last year (31 July 2025 announcement → 1 August 2025 suspension) blaming auditors on delays. They are repeating the same reporting cycle.
Timing pressure, FY ends 31 March → audited results due latest 31 July 2026 (4 months under DTR 4.1). We are only 7 weeks away.
Known complicating factors this year
Ongoing high-stakes Semnet litigation (USD 4.2m claim) — requires detailed contingent liability disclosures, possible provisions, and extra auditor scrutiny.
History of cash burn and failed licenses and milestones (as highlighted in repeated failures from mid 2025).
No corporate update
Material news about GS Fintech UAB, Bake /GS20, Finferno not being updated.
Market practice, When numbers are difficult + material litigation exists, auditors almost always ask for more time on going-concern assessments, provisions, and disclosures. Companies then use the standard “delay in finalising audited accounts” wording and request suspension.
Given the radio silence on operational updates and the active litigation, a suspension looks very likely indeed.
A temporary suspension is the normal, compliant route GST will likely take, exactly as they did in 2025. It is not going to be dramatic or unusual in these circumstances tbh.
I am sure Zheng Zhu and legal understand these figures are due end of July so keep those gloves on for a few more months more. Could be life changing.
@freezhengzhuchongnow
@innocentuntilprovenguilty
x;)
GLA