Katipult Technology Corp. (TSXV:FUND)

Katipult Technology Corp. (TSXV:FUND) has been in court-appointed receivership since February 11, 2025 under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The Receiver kept the business operating with management while funding was advanced by Markette Ventures Inc. against Receiver's Certificates, ran a data room for that party's due diligence, and negotiated an asset purchase agreement. The court approved the sale on March 5, 2025, with closing effective on delivery of a Receiver's certificate confirming payment of the purchase price and satisfaction or waiver of the Article 7 conditions. The Receiver's Second Report, dated June 9, 2025, confirms the transaction closed and employees were terminated. Across the two reports the Receiver recorded cumulative receipts of $428,924 and $1,232,593, cash on hand of $210,475 and $675,062, and professional fees of $150,641. The receivership remains active.