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Plum Financial Group Inc. et al.

May 27, 2024 | Decision | Securities Act, 41-101 | Issuers | https://www.osc.ca/en/securities-law/orders-rulings-decisions/plum-financial-group-inc-et-al-1

: Securities Act, R.S.O. 1990, c. S.5, as am., s. 62(5).


The Ontario Securities Commission (OSC) granted Plum Financial Group Inc. and Cen-ta Real Estate Ltd. an extension to file a renewal prospectus for their continuous public offering of certain investor services. The original lapse date of their current prospectus was March 17, 2024, which had already been extended to May 17, 2024. The new extension moves the lapse date to September 17, 2024. This decision was based on the fact that the filers are still engaged in discussions with OSC staff regarding their pro forma prospectus and will not be able to file the final prospectus by the previous deadline. The filers have not distributed any securities under the current prospectus and will not do so until a receipt for the final prospectus is issued. The OSC determined that this extension would not be prejudicial to the public interest. The decision was made under subsection 62(5) of the Securities Act (Ontario).

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