The Ontario Securities Commission (OSC) has granted Osisko Green Acquisition Limited (the Filer) an order to cease being a reporting issuer in all Canadian jurisdictions where it is currently a reporting issuer. The Filer, a special purpose acquisition corporation (SPAC), could not identify and complete a qualifying transaction within its permitted timeline. Consequently, it will be wound up according to its articles and the policies of the Toronto Stock Exchange (TSX). The Filer’s Class A Restricted Voting Shares were automatically redeemed and delisted from the TSX. All outstanding warrants also terminated. The Filer has no other outstanding securities except for Class B Shares held by the Filer’s sponsor and certain founding securityholders. The Filer is not eligible to surrender its status as a reporting issuer under the simplified procedure in NP 11-206 due to the number of securityholders. The decision is based on the Securities Act, R.S.O. 1990, c. S.5, National Policy 11-206, and Multilateral Instrument 11-102.
Osisko Green Acquisition Limited
2023-11-21 | Order | Securities Act | Issuers | https://www.osc.ca/en/securities-law/orders-rulings-decisions/osisko-green-acquisition-limited
Securities Act, R.S.O. 1990, c. S.5, as am.
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