Emera Inc. (EMA.TO: Quote) announced that it will file a Form 15F with the United States Securities and Exchange Commission with the intention of removing its common shares from registration under Section 12(g) of the United States Securities Exchange Act of 1934, as amended, and voluntarily terminating its reporting obligations under Section 15(d) of the Exchange Act in respect of its common shares, first preferred shares and debt securities.
On March 20, 2012, Emera filed a Post-Effective Amendment to its Registration Statement on Form F-9 with the SEC, removing from registration all unsold securities.
Upon making this filing, Emera's reporting obligations with the SEC, including its obligations to file annual reports on Form 40-F and furnish reports on Form 6-K, will immediately be suspended, the company said.
Emera noted that it expects that its reporting obligations in respect of its common shares, first preferred shares and debt securities will be terminated effective 90 days after filing the Form 15F with the SEC.
Emera is current with its reporting requirements under the Exchange Act.
Emera will continue to report its financial results in accordance with U.S. GAAP.
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by RTT Staff Writer
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