Sunora Foods Inc.

2022-04-14 | Order | Securities Act | Issuers | https://www.osc.ca/en/securities-law/orders-rulings-decisions/sunora-foods-inc

Securities Act, R.S.O. 1990, c. S.5, as am., s. 1(10)(a)(ii).

The Ontario Securities Commission has granted an order for Sunora Foods Inc. to cease being a reporting issuer. The decision was based on the company’s application and representations that it met specific criteria outlined in subclause 1(10)(a)(ii) of the Securities Act (Ontario). Sunora Foods Inc. confirmed that it is not an OTC reporting issuer, its securities are owned by fewer than 15 securityholders in any Canadian jurisdiction and fewer than 51 worldwide, its securities are not traded on any public marketplaces, and it is not in default of any securities legislation. The Commission concluded that granting this order would not be against the public interest.

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