The Filer, a wholly-owned subsidiary following an amalgamation, applied for a decision that it is no longer a reporting issuer in the applicable jurisdictions.
The Filer's securities were delisted and it had no intention to seek public financing.
The Ontario Securities Commission, acting as principal regulator, granted the requested exemptive relief, determining that the Filer met the test to cease being a reporting issuer despite a default in filing interim financial statements.
