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Tat Merger Sub LLC

2021-01-08 | Order | Securities Act | Issuers | https://www.osc.ca/en/securities-law/orders-rulings-decisions/tat-merger-sub-llc

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


The Securities Commission has granted an order for TAT Merger Sub LLC (the Filer) to cease being a reporting issuer under applicable securities laws. The decision is based on the Filer’s application and representations that:

1. It is not an OTC reporting issuer under Multilateral Instrument 51-105.
2. Its securities are owned by fewer than 15 security holders in each Canadian jurisdiction and less than 51 worldwide.
3. Its securities are not traded on any public marketplace or facility in Canada or elsewhere.
4. It has requested to cease being a reporting issuer in all Canadian jurisdictions where it currently has that status.
5. It 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 criteria outlined in the Securities Act, R.S.O. 1990, c. S.5, as amended, specifically section 1(10)(a)(ii), and the Multilateral Instrument 11-102 Passport System. Consequently, the order to cease the Filer’s reporting issuer status has been granted.