Prospect Park Announces Full Revocation of Cease Trade Order

Core Viewpoint - The Ontario Securities Commission has revoked the failure-to-file cease trade order for Prospect Park Capital Corp, allowing the company to resume its operations and seek reinstatement of its common shares listing on the Canadian Securities Exchange [1][2]. Group 1: Regulatory Developments - The failure-to-file cease trade order (FFCTO) was initially issued on February 3, 2023, due to the company's non-compliance in filing annual financial statements and related documents for the year ended September 30, 2022 [2]. - The revocation of the FFCTO was effective as of April 24, 2025, following the company's application to the OSC [2]. Group 2: Compliance and Filings - The company has now filed all required continuous disclosure documents, including audited annual financial statements and interim financial statements for multiple periods [3][4]. - The company has made commitments to the OSC, including holding an annual general meeting by July 24, 2025, and providing detailed disclosures about its investment portfolio [4]. Group 3: Future Plans - The company aims to enhance shareholder value and continue building its investment portfolio [4]. - The company plans to apply for reinstatement of its common shares listing on the Canadian Securities Exchange, contingent upon meeting all necessary listing requirements [4][5].