Montana Technologies To Restate Previously Issued Financial Statements For The Three Months Ended March 31, 2024; Investors Should No Longer Rely Upon The Previously Issued Financial Statements
Portfolio Pulse from Benzinga Newsdesk
Montana Technologies Corporation (NASDAQ:AIRJ) announced it will restate its unaudited financial statements for the three months ended March 31, 2024. Investors should no longer rely on the previously issued financial statements or any related earnings releases and communications.
August 13, 2024 | 12:57 pm
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Montana Technologies Corporation (NASDAQ:AIRJ) will restate its financial statements for Q1 2024. Investors should disregard the previously issued statements and related communications.
Restating financial statements often indicates errors or issues in the previously reported data, which can undermine investor confidence and potentially lead to short-term stock price declines.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100