ONEnergy Inc. applied to the Ontario Securities Commission for an order revoking a failure-to-file cease trade order issued on May 6, 2019.
The issuer had failed to file its audited annual financial statements and related documents for the year ended December 31, 2018, as well as subsequent continuous disclosure documents.
The issuer has since filed all outstanding continuous disclosure documents, paid all outstanding fees, and provided written undertakings regarding future restructuring transactions and holding an annual meeting.
The Principal Regulator, satisfied that the statutory test was met, granted the application and revoked the cease trade order.