Allumiqs Solutions inc. and Allumiqs Corporation are in a notice of intention proceeding under section 50.4 of the Bankruptcy and Insolvency Act, commenced July 3, 2026 in Nova Scotia. The proceeding remains active. The only step on the record is a court officer report filed the same day the notice of intention was given, so the file as it stands reflects the commencement of the two companies' proceeding and nothing beyond it.
By order of August 28, 2026 the court extended the stay to October 9, 2026, approved the sale and investment solicitation process with a bid deadline of October 21, 2026, and granted an administration charge.
Source: Stay Extension, SISP, Administration and DIP Charge Order
10 earlier updates, back to 3 July 2026 — subscribers.
Filing brief
Allumiqs: from 2% a month to 9% a year, and from CRO to interim CEO
A Halifax-headquartered contract research group with its laboratory in Sherbrooke filed notices of intention on July 3 and, on August 28, obtained a repriced $550,000 DIP from two lenders, one of them a company whose sole director is now the group's interim chief executive, together with a $100,000 administration charge, SR&ED credits carved out of both charges and held in trust, a sale process with an October 21 bid deadline, and a handwritten exception for the president's retention bonus.
Debtor
Allumiqs Solutions inc. and Allumiqs Corporation
Proposal trustee
MNP
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorCompanies | BoyneClarke LLP | 24 Jul 2026 | Application · 24 Jul 2026 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | 4833651 Nova Scotia Limited and Shawn Weadock (DIP Lender)as of NOI filing date / DIP term sheet — DIP Charge over all present and future assets, property and undertakings of both Companies, up to $600,000 (post-filing financing, not pre-filing capital structure) — This is proposed DIP (post-filing) financing, not a pre-filing secured creditor; included for completeness per Table 1 details but is not part of pre-filing capital structure — debtor: Allumiqs Corporation and Allumiqs Solutions Inc. (joint and several borrowers) | $550K | First Report of the Proposal Trustee |
Sale process approved — the sales and investment solicitation process was approvedStay Extension, SISP, Administration and DIP Charge Order · 28 Aug 2026
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Stay Extension, SISP, Administration and DIP Charge Order
| PDF · Subscribers | |
Second Report of the Proposal Trustee
| PDF · Subscribers | |
| Affidavit of Michael Mailman | PDF · Subscribers | |
Breif
| PDF · Subscribers | |
| Draft SISP & DIP Order | PDF · Subscribers | |
| Notice of Motion | PDF · Subscribers | |
Stay Extension Order
| PDF · Subscribers | |
First Report of the Proposal Trustee
| PDF · Subscribers | |
| Affidavit of Peter Hickey | PDF · Subscribers | |
| Brief | PDF · Subscribers | |
Notice of Application in Chambers
| PDF · Subscribers | |
Allumiqs Corporation - Notice of Intention to Creditors
| PDF · Subscribers | |
Allumiqs Solutions inc. - Notice of Intention to Creditors
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Allumiqs Solutions inc. and Allumiqs Corporation” (NOI), Supreme Court of Nova Scotia. Retrieved 20 September 2026, https://proceedings.ca/case/allumiqs-solutions-inc-and-allumiqs-corporation
Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/allumiqs-solutions-inc-and-allumiqs-corporation
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.