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ARTICLE · 18 MAY 2026

No Sponsor, No Problem: TSXV Drops Sponsor Requirement For Listing Transactions

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The TSX Venture Exchange (TSXV) has removed its longstanding requirement for issuers to engage a sponsor in connection with listing transactions effective March 31, 2026.

CanadaCorporate/Commercial Law
Laura Levine
Laura Levine
Matthew Shuman
Matthew Shuman
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The TSX Venture Exchange (TSXV) has removed its longstanding requirement for issuers to engage a sponsor in connection with listing transactions effective March 31, 2026. Previously, sponsors would conduct due diligence and provide a report to the TSXV as part of its review process. The change affects transactions such as reverse takeovers, qualifying transactions and direct listings.

What you need to know

  • The TSXV has eliminated its requirement for issuers to engage a sponsor in connection with listing transactions, effective March 31, 2026.
  • TSXV Policy 2.2 and all related sponsorship forms and guidance have been removed from the TSXV Corporate Finance Manual.
  • Issuers are no longer required to prepare or file a sponsor report as part of the TSXV review process.

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