Location: TSX Company Manual > Part X Special Purpose Acquisition Corporations (SPACs) > D. Completion of a Qualifying Acquisition > Shareholder and Other Approvals > Sec. 1027.

Sec. 1026. Prospectus Requirement for Qualifying Acquisition

Sec. 1027.

  Versions
(2 versions)
 
Dec 19 2008 - Oct 3 2018Oct 4 2018 onwards

In accordance with Section 1008, holders of shares (other than founding securityholders in respect of their founding securities) must be entitled to redeem their shares for their pro rata portion of the escrowed funds in the event that the qualifying acquisition is completed. Subject to applicable laws, shareholders who exercise their redemption rights shall be paid within 30 calendar days of completion of the qualifying acquisition and such redeemed shares shall be cancelled.


Sec. 1026. Prospectus Requirement for Qualifying Acquisition

© TSX Inc. All rights reserved. Do not copy, distribute, sell or modify this document without TSX Inc.'s prior written consent. TSX materials, including manuals, trading rules, policies and forms, are reproduced by Complinet with the permission of TSX Inc. and TSX Venture Exchange Inc. under a non-exclusive license. Neither TSX Inc. nor any of its affiliated companies guarantees the accuracy, adequacy, completeness or availability of any information and nor shall they be responsible for any errors or omissions or otherwise.