The CSE introduces important amendments to its listing regime (part II)
Broad-reaching and significant amendments to the Canadian Securities Exchange (CSE) policies took effect April 3, 2023 (the Amendments). In part 1 of this update we discussed the creation of a two-tier CSE by the introduction of a new class of senior issuers known as non-venture issuers (NV Issuers), which will be subject to more stringent continuous disclosure and governance requirements. In this update we discuss highlights of these key changes: Listing process and ongoing listing requirements, Amendments to distribution policy, Security-based compensation arrangements and, SPACs.