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Applicant granted order declaring it is no longer a reporting issuer.
The Applicant, Semtech Canada Inc., applied to the Ontario Securities Commission and other jurisdictions for a decision that it is no longer a reporting issuer.
The Applicant represented that its outstanding securities are beneficially owned by fewer than 15 security holders in each jurisdiction and fewer than 51 in total in Canada, its securities are not traded on a marketplace, and it is not in default of its obligations.
The Commission was satisfied that the statutory test was met and ordered that the Applicant is not a reporting issuer.