Notice of Commission Approval and Variation of Recognition Order – Application by Aequitas Innovations, Inc. and Neo Exchange, Inc. for Variation of Recognition Order to Reflect a Proposed Amalgamation – Cboe Canada Inc. and Cboe Global Markets, Inc.
On December 1, 2023, the Ontario Securities Commission issued an order under section 144 of the Securities Act (Ontario) varying the decision of the Commission to recognize Aequitas Innovations Inc. (Aequitas) and Neo Exchange Inc. (Neo Exchange) as exchanges (the Recognition Order) to reflect the proposed amalgamation (the Proposed Amalgamation) of Aequitas, Neo Exchange, and TriAct Canada Marketplace LP (TriAct), operating as MATCHNow, into a single legal entity named Cboe Canada Inc. (Cboe Canada). The Recognition Order recognizes Cboe Canada as an exchange and will take effect on January 1, 2024 (the target effective date for the Proposed Amalgamation).
Notice of the application by Aequitas and Neo Exchange to vary the Recognition Order, together with the proposed terms and conditions of exchange recognition, was published for comment in the OSC Bulletin on October 19, 2023, at (2023), 46 OSCB 8573 (the Notice). No comments were received in response to the Notice.