Digital Asset Technologies Inc. Announces Intention to Amend and Refile Financial Statements and MD&A

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This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentVANCOUVER, BC, April 10, 2026 (GLOBE NEWSWIRE) — Digital Asset Technologies Inc. (CSE: DATT) (OTCPK: DGTEF) (FSE: 9880) (“DATT” or the “Company”), a technology focused investment issuer, announces that, in connection with a continuous disclosure review by the British Columbia Securities Commission (the “BCSC”), the Company intends to amend and refile certain previously filed financial statements and related management’s discussion and analysis (“MD&A”).Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentThe Company has determined that its previously filed:Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentArticle contentaudited annual financial statements and MD&A for the year ended July 31, 2025; and interim financial statements and MD&A for subsequent periods Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentcontain disclosure and accounting errors relating primarily to:Article contentthe accounting treatment and valuation of the Company’s acquisition of LiquidLink AI Corp.; the accounting for certain share-based debt settlements; and disclosure related to the Company’s investments in private companies. Article contentAs a result, the Company advises that the previously filed financial statements and MD&A should not be relied upon.Article contentNature of RevisionsArticle contentThe Company expects that the amended and restated filings will include:Article contentrevisions to the fair value measurement of consideration issued in connection with the LiquidLink acquisition; revisions to the accounting for debt settlements to reflect fair value of shares issued; updated impairment assessments relating to investments and receivables; and removal of promotional or unsupported disclosure, including projected financial performance of investee companies. Article contentTimingArticle contentThe Company is working with its auditors and advisors to complete the amended and restated filings and will refile the revised documents on SEDAR+ as soon as practicable.Article contentArticle contentAdditional DisclosureArticle contentThe Company will also file amended MD&A that:Article contentlimits disclosure regarding private investments to factual historical information; discloses impairment assessments and timing of impairments; and reflects updated and corrected disclosure consistent with applicable securities requirements. Article contentCautionary NoteArticle contentInvestors are cautioned not to rely on the Company’s previously filed financial statements and MD&A until the amended and restated filings have been completed and filed.Article contentAbout Digital Asset Technologies Inc.Article contentDigital Asset Technologies (CSE: DATT) is a publicly traded investment issuer that identifies and makes equity investments in global companies that are developing and commercializing technology.Article contentContact:Geoff Balderson, CFOEmail: info@datech.caArticle contentThe Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release.Article contentCautionary Note regarding Forward Looking StatementsArticle contentThis press release contains forward-looking statements. Forward-looking statements can be identified by the use of words such as, “subject to”, or variations of such words and phrases or state that certain actions, events or results “may” or “will” be taken, occur or be achieved. Forward-looking statements in this news release include, but are not limited to, statements regarding the Company’s business strategy, current and future investments, and updated Investment Policy. Forward-looking statements are based on assumptions, but the actual results may be materially different from any future expectations expressed or implied by the forward-looking statements. The forward-looking statements can be affected by known and unknown risks, uncertainties and other factors, including, but not limited to, the equity markets generally. Accordingly, readers should not place undue reliance on forward-looking statements.Article contentArticle contentArticle contentArticle contentArticle contentArticle contentTrending BYD to open 20 car dealerships in Canada this year Autos Bank of Canada rate hike bets look 'unrealistic' given 'sclerotic' state of jobs market, say economists Economy This creative money transfer strategy among family members could raise red flags with CRA Personal Finance This TSX oilsands major could jump as much as 20% on the Iran war and Strait of Hormuz crisis, analyst says Investor Posthaste: More Canadians desperate for tax refund to plug holes in their finances News Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. BYD to open 20 car dealerships in Canada this year Autos Bank of Canada rate hike bets look 'unrealistic' given 'sclerotic' state of jobs market, say economists Economy This creative money transfer strategy among family members could raise red flags with CRA Personal Finance This TSX oilsands major could jump as much as 20% on the Iran war and Strait of Hormuz crisis, analyst says Investor Posthaste: More Canadians desperate for tax refund to plug holes in their finances News
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