finance
Park Place Limited Sells 6.5 Million Shares of AI/ML Innovations Inc. on Canadian Securities Exchange
Park Place Limited, wholly owned by Sheldon Inwentash, sold the shares from a control block effective May 8, 2026, but failed to file the required Form 45-102F1 on time due to an administrative error. The company issued a clarifying press release from Toronto on May 12, 2026, expressing regret. Benzinga reported the details in a regulatory disclosure.
ocregister.comAudio version
Tap play to generate a narrated version.
Developing·Limited corroboration so far. This page will refresh as more sources emerge.
Park Place Limited sold an aggregate of 6,500,000 common shares of AI/ML Innovations Inc. effective May 8, 2026. The privately held company, wholly owned by Sheldon Inwentash, sold the shares from a control block over the facilities of the Canadian Securities Exchange.
The trade occurred without Park Place Limited filing the requisite Form 45-102F1 in accordance with the timelines set forth in National Instrument 45-102. The failure to file was due to an administrative error, Benzinga reported. Park Place Limited issued a clarifying press release on May 12, 2026, from Toronto.
In it the company stated that the failure to file Form 45-102F1 stemmed from the administrative error and that it regrets the error. Sheldon Inwentash is located at 130 Spadina Avenue, Suite 401, Toronto, Ontario M5V 2L4. Park Place Limited is a privately held company wholly owned by him.
The press release noted that neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of the release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained in the disclosure.
