Abaxx Refutes Misinformation Being Circulated and Addresses Recent Share Price Decline

Abaxx Technologies (TSX:ABXX) issued a detailed response to allegations from Viceroy Research regarding wash trading, financial difficulties, and lack of proprietary technology. The company refuted claims of fraudulent market-making practices, clarified its actual cash burn rate, and explained the Cboe exit as a strategic adjustment. Despite recent positive developments including TSX listing and a $69 million financing round, the stock has declined to C$35.84. Abaxx scheduled an investor update call for June 18, 2026 to address shareholder concerns.