Order: In the Matter of Strike Holdings Inc. et al.

IN THE MATTER OF
STRIKE HOLDINGS INC., KM STRIKE MANAGEMENT INC., MICHAEL AONSO AND KEVIN CARMICHAEL

Lawrence P. Haber, Commissioner and Chair of the Panel

File No. 2021-13

May 3, 2021

ORDER

(Subsections 127(8) and 127(1) of the Securities Act, RSO 1990 c S.5)

WHEREAS the Ontario Securities Commission held a hearing on May 3, 2021 by teleconference to consider an application by Staff of the Commission (Staff) to extend a temporary order dated April 21, 2021 (the Temporary Order), against Strike Holdings Inc., KM Strike Management Inc., Michael Aonso and Kevin Carmichael (together, the Respondents);

ON READING the materials filed by Staff and hearing the submissions of Staff and the representative for the Respondents, and on considering that the Respondents consent to an extension of the Temporary Order;

IT IS ORDERED THAT:

1. pursuant to subsection 127(8) and paragraph 2 of subsection 127(1) of the Securities Act, RSO 1990, c S.5 (the Act), that until June 2, 2021, all trading in any securities by the Respondents shall cease;
2. pursuant to subsection 127(8) and paragraph 3 of subsection 127(1) of the Act, that until June 2, 2021, any exemptions contained in Ontario securities law do not apply to the Respondents; and
3. notwithstanding paragraphs one and two above, the Respondents may engage in conduct for the sole purpose of liquidating the securities held in Interactive Brokers Canada Inc. account number U5213341, which is currently subject to a freeze direction issued by the Commission on April 21, 2021, should this be required in order to comply with an order of the Ontario Superior Court of Justice in court file number CV-21-00661266-00CL.