Instant Brands, which CEO Robert Wang founded in 2009, will retain its Ottawa headquarters. The transaction is expected to be completed during the second quarter of this year.

A spokesperson for Ontario chain said it decided not to renew its lease for the downtown Ottawa building at 209 Rideau St., which was set to expire on Oct. 30.

The Ottawa-based e-commerce giant quietly made changes to its policies this week to keep its merchants from using its technology to sell everything from semi-automatic firearms that accept detachable magazines to accessories including grenades, rocket launchers and flash and sound suppressors.