TORONTO, Dec. 7, 2023 /CNW/ – The Ontario Securities Commission (OSC) today published its annual Corporate Finance Branch Report, an important resource to help issuers and their advisors with their reporting obligations. “Engagement with our stakeholders continues to be a critical component of our work. This report is one aspect of our ongoing communications regarding […]
Ontario Securities Commission Issues Best Practice Guidance For Prospectus Filings Date
28/01/2021
The Ontario Securities Commission (OSC) has seen a significant number of confidential prospectus pre-files submitted in recent months and is providing best practice guidance to issuers to assist in their capital raising efforts.
The option of confidentially pre-filing a prospectus was put in place in March 2020, as part of the OSC’s burden reduction initiative. Since then, 40 issuers have received staff input on their confidential pre-file, providing issuers with greater flexibility and more certainty in planning their prospectus offerings.
The OSC reminds issuers of the following best practices when filing a confidential pre-file prospectus to streamline the review process: