9017739 Canada Inc., formerly Wirkn Inc., has filed a notice of intention to make a proposal under section 50.4(1) of the Bankruptcy and Insolvency Act. The proceeding is active.
The officer filed report no. Rapport d'administration préliminaire du syndic aux créanciers. Following the court-approved sale of substantially all of Wirkn's assets to a Flow Capital affiliate, the company became a non-operating, assetless bankrupt entity with no employees remaining, and is deemed to have made an assignment in bankruptcy as of November 1, 2022.
The court granted an approval and vesting order for the sale to 1000330141 Ontario Inc. Closing terms, as extracted: Vesting occurs upon issuance of the Trustee's Certificate substantially in the form of Schedule A. Sealed: Asset Purchase Agreement.
Motion by the Debtor to Authorize the Trustee to Act as Trustee to the Notice of Intention to Make a Proposal to be filed by the Debtor with the Official Receiver (in french) was filed. Court file 500-11-061480-220.
BDC Capital (Convertible Note) · in 9 casesConvertible note — Rank stated as 'Secured'; convertible note; BDC-related — debtor: Wirkn Inc. · as of 29 Sep 2022
$1.83M
Notice to Creditors of the Filing of a Notice of Intention to Make a Proposal
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Secured
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Secured
4
Secured
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Landlord preferred
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Unsecured
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Unsecured
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Unsecured
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Unsecured
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Unsecured
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31 more claims in 3 classes The stack holds Secured, Landlord preferred and Unsecured claims.
Trustee’s Report on the Insolvent Person’s Business and Financial Affairs and to Have Approved a Transaction for the Sale of its Assets (in French)
Process results232 solicited · 18 NDAs · 0 LOIs · 1 bids · as of 24 Oct 2022
Purchaser1000330141 Ontario Inc. (credit bid) · La quasi-totalité des actifs de Wirkn incluant l'encaisse, les comptes à recevoir et autres débiteurs, certains contrats, les crédits d'impôt à recevoir (R&D), les inventaires, les frais payés d'avance, les équipements et le mobilier de bureau, les actions de Wirkn USA Inc., la propriété intellectuelle, incluant l'Application, et l'achalandage. · asset sale · proposed
Sale advisorMazars (financial advisor)
Sale outcomeApproval pending — Le Syndic recommande au tribunal d'approuver l'Offre Flow
Motion by the Debtor to Authorize the Trustee to Act as Trustee to the Notice of Intention to Make a Proposal to be filed by the Debtor with the Official Receiver (in french)
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “9017739 Canada Inc. (formerly Wirkn Inc.)” (NOI), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/9017739-canada-inc-formerly-wirkn-inc
Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/9017739-canada-inc-formerly-wirkn-inc
Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.