The Ontario Securities Commission (OSC) granted an order deeming Indigo Books & Music Inc. to have ceased offering its securities to the public under subsection 1(6) of the Business Corporations Act (Ontario) (OBCA). Indigo, an offering corporation as defined by the OBCA, has its head office in Toronto and has no plans to seek public financing. Previously, on June 11, 2024, Indigo was declared not a reporting issuer in Ontario or any other Canadian jurisdiction under the Securities Act (Ontario) and National Policy 11-206. The OSC concluded that the order would not harm the public interest.
