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  5. PAY: Good morning, What are your thoughts on the recent news with Payfare. [Payfare Inc. Class A Common Shares]
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Q: Good morning,

What are your thoughts on the recent news with Payfare. Is this a miscommunication or something deeply wrong with their internal controls. They did reiterate guidance for the quarter that helped the stock.
Asked by James on March 20, 2024
5i Research Answer:

We think it is largely a non-event. There is a specifically stated reason for the delay, it is only 10 days, and the company has re-affirmed its prior guidance. As far as delays go, it seems fairly innoculous.