Home Capital Group Inc.
Headnote
Applicant deemed to have ceased to be offering its securities to the public under the Business Corporations Act (Ontario).
Applicable Legislative Provisions
Business Corporations Act, R.S.O. 1990, c. B.16 as am., s. 1(6).
IN THE MATTER OF
THE BUSINESS CORPORATIONS ACT,
R.S.O. 1990, c. B.16, AS AMENDED (the "OBCA")
AND
IN THE MATTER OF
HOME CAPITAL GROUP INC.
(the "Filer")
ORDER
(Subsection 1(6) of the OBCA)
UPON the application of the Filer to the Ontario Securities Commission (the "Commission") for an order pursuant to subsection 1(6) of the OBCA to be deemed to have ceased to be offering its securities to the public;
AND UPON the Filer representing to the Commission that:
1. The Filer is an "offering corporation" as defined in subsection 1(1) of the OBCA;
2. The head office of the Filer is located at Suite 2300, 145 King Street West, Toronto, Ontario M5H 1J8;
3. The Filer has no intention to seek public financing by way of an offering of securities;
4. On October 19, 2023, the Filer was granted an order (the "Reporting Issuer Order") pursuant to subclause 1(10)(a)(ii) of the Securities Act (Ontario) that it is not a reporting issuer in Ontario and is not a reporting issuer or equivalent in any other jurisdiction in Canada in accordance with the simplified procedure set out in National Policy 11-206 -- Process for Cease to be a Reporting Issuer Applications; and
5. The representations set out in the Reporting Issuer Order continue to be true.
AND UPON the Commission being satisfied that to grant this order would not be prejudicial to the public interest;
IT IS HEREBY ORDERED pursuant to subsection 1(6) of the OBCA that the Filer be deemed to have ceased to be offering its securities to the public.
DATED at Toronto on this 20th day of October, 2023.
OSC File #: 2023/0408