The Securities Commission has granted Summit Industrial Income REIT’s (the Filer) application to cease being a reporting issuer. The decision was based on the Filer meeting specific criteria, including having fewer than 15 security holders in each Canadian jurisdiction and fewer than 51 worldwide, with no securities traded on public marketplaces. The Filer was also not in default of any securities legislation. The order was made under the authority of the Securities Act, R.S.O. 1990, c. S.5, as amended, specifically section 1(10)(a)(ii). The Ontario Securities Commission acted as the principal regulator, and the decision was made in accordance with National Policy 11-206 and Multilateral Instrument 11-102 Passport System.
