#Report
Report of the court officer fixed the date and time of bankruptcy as April 23, 2024 at 13:57, in Ontario estate number 33-3071340.
Source: Certificate of Appointment
Avivagen Inc.
FollowActive
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 33-3071340
OverviewSummary updated
Avivagen Inc. made an assignment in bankruptcy under section 49 of the Bankruptcy and Insolvency Act on April 23, 2024, with BDO Canada Limited as trustee under estate number 33-3071340 in Ontario. The Statement of Affairs sworn as at that date estimates total assets of $1,684.62 against total liabilities of $10,397,745.65, leaving a deficiency of $10,396,061.03. Unsecured claims are stated at $4,224,263.39, plus $6,171,797.64 representing the balance of secured claims; preferred and trust claims are nil. The largest secured position is that of Capital Transfer Agency, ULC, claiming $6,173,102.00 against the OxC-beta and OxC-beta Livestock intellectual property, a mass spectrometer and a Royal Bank of Canada account, with the security valued at $1,304.36. Atlantic Canada Opportunities Agency is listed unsecured at $2,881,142.96. The proceeding remains active.
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Case updates2 dated entries
#Claims
A meeting of creditors is recorded in the estate file. The record supplies no separate date for it and no attendance, resolutions or appointments.
Source: Notice of Bankruptcy, First Meeting of Creditors (creditors package)
Parties
Debtor
Avivagen Inc.
Trustee in bankruptcy
BDO
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Capital Transfer Agency, ULCIP - OxC-beta Technology & OxC-beta Livestock; Business Assets - Machinery - Mass Spectrometer Instrument; Cash on Hand - Bank Account - Royal Bank of Canada — Balance of claim stated as $6,171,797.64 on List B; estimated value of security $1,304.36 total — debtor: Avivagen Inc. · as of 23 Apr 2024 | $6.17M | Notice of Bankruptcy, First Meeting of Creditors (creditors package) |
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Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Documents2 filings
| Date | Document | File |
|---|---|---|
Notice of Bankruptcy, First Meeting of Creditors (creditors package)
| PDF · Subscribers | |
Certificate of Appointment
| 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., “Avivagen Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/avivagen-inc