The Filer, Centerplate, Inc., applied for an order under the securities legislation of multiple Canadian jurisdictions to cease being a reporting issuer.
Following a merger, the Filer's securities were delisted from the TSX and AMEX, and it deregistered its securities in the United States.
The Filer demonstrated that only a de minimis number of its noteholders are residents of Canada, representing approximately 1.12% of the outstanding notes.
The Ontario Securities Commission, acting as principal regulator, granted the requested exemptive relief, finding it would not be prejudicial to the public interest.