Abaxx Concludes Independent Probe and Refutes Short-Seller Allegations

Key Facts

Abaxx Technologies announced the conclusion of an independent investigation conducted by its board's Audit Committee, which found no merit to allegations made by short-sellers. GlobeNewswire reported that the probe confirmed Abaxx's trading activity and market disclosures were accurate and fully compliant with regulatory requirements, specifically refuting claims regarding market-making incentive programs.

The investigation involved external reviews by international public accounting experts and specialists in global futures markets to assess the integrity of commodity market liquidity and reporting. These findings address concerns raised in short-seller reports published in June 2026 regarding the company's corporate governance and operational transparency.

Abaxx is scheduled to host a webcast to discuss its third-quarter 2026 financial results on November 12, 2026, providing further insights into the company's financial and operational standing following the investigation's conclusion.