The Securities Commission has granted Gamesquare Esports Inc. (the Filer) an order to cease being a reporting issuer, meaning it will no longer be subject to public reporting requirements. The decision is based on the following key points:
1. The Filer is not an OTC reporting issuer under Multilateral Instrument 51-105.
2. The Filer’s securities are held by fewer than 15 security holders in each jurisdiction in Canada and fewer than 51 worldwide.
3. The Filer’s securities are not traded on any public marketplace or facility where trading data is reported.
4. The Filer has requested to cease being a reporting issuer in all Canadian jurisdictions where it currently has this status.
5. The Filer is not in default of any securities legislation in any jurisdiction.
The Ontario Securities Commission, acting as the principal regulator, has determined that the Filer meets the legislative criteria to cease being a reporting issuer, as outlined in the Securities Act, R.S.O. 1990, c. S.5, specifically section 1(10)(a)(ii). The decision was made in accordance with National Policy 11-206 Process for Cease to be a Reporting Issuer Applications and supported by the Multilateral Instrument 11-102 Passport System.