Mobi724 Global Solutions Inc.
FollowActive
- Proceeding
- NOIBankruptcy and Insolvency Act (the "BIA"), RSC 1985, c. B-3, s.s. 50.4 (9)
- File
- 500-11-065571-255
Filings held40
Last activity26 Feb 2026
On the record493 days
OverviewSummary updated
Mobi724 Global Solutions Inc. filed a notice of intention to make a proposal under section 50.4 of the BIA on April 22, 2025, with Richter Inc. as trustee. Unaudited figures as at September 30, 2024 showed total assets of $935,000 against total liabilities of $18,215,000 and a shareholders' equity deficit of $(17,279) thousand. Secured claims at the filing date included Investissement Québec at $3.2 million on a secured debenture and $600,000 under its Innovation program, Business Development Bank of Canada at $1.9 million, R&D Capital Inc. at $400,000, and a $700,000 priority claim of Revenue Canada and Revenu Québec for unremitted source deductions. A May 1, 2025 order granted an Interim Financing Charge of $1,085,000 securing a facility of up to $868,000 from 9538-5616 Quebec Inc., ranking ahead of a $150,000 Administration Charge. The stay is extended to August 21, 2025.
Claims processIf you are owed money
A claims procedure has been established — see the order for deadlines.
Proceedings AIAsk this case — answers cite the filings
Case updates36 dated entries · 4 undated
33 earlier updates, back to 16 May 2025 — subscribers.
Undated filings4 — no date appears on the document · show
4 filings carry no date on their face — subscribers.
Parties
Debtor
Mobi724 Global Solutions Inc.
Proposal trustee
Richter
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Registrar Aubé | Superior Court of Québec | 2 orders, May 2025 | 53 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| DebtorMobi724 Global Solutions Inc. | Woods LLP | 18 Aug 2025 | Application · 18 Aug 2025 |
| CreditorMtre | Woods LLP | 1 May 2025 | Application · 1 May 2025 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Deemed trusts (CRA and other) | Revenue Canada and Revenu Québecas of NOI filing date — Priority claim for unremitted deductions at source — Deemed trust class priority claim; combined figure for Revenue Canada and Revenu Québec, not broken out individually; Debtor estimates offsetting tax credits will reduce balance to approximately $140K — debtor: Mobi724 Global Solutions Inc. | $700K | First Report of the Proposal Trustee on the State of Petitioners’ Business and Financial Affaires dated April 30, 2025 |
69 more claims across lower-ranking classesSubscribe to view
Sale processAs stated in the filings
2 transactions · 1 proposed · 1 closed — sale transaction approved by the Court, board approved, transaction pending closing conditionsSixth Report of the Proposal Trustee on the State of the Debtor’s… · 30 Sep 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| stalking horse bid being prepared by management, not yet finalizedassets of and assume various liabilities of the Company · asset sale | not stated | Proposed | Second Report of the Proposal Trustee on the… |
| 9538-5613 Québec Inc.Stalking horsethe assets described in the Application (the " Purchased Assets ") and listed in Schedule ' A ' · asset sale | Subscribers | Closeddate not stated | Fifth Report of the Proposal Trustee on the… |
Closing termsVesting occurs upon issuance of the Trustee's Certificate, once the Purchase Agreement is executed and delivered, the Purchase Price paid, and all closing conditions satisfied or waived.Exhibit R-1-Appoval and Vesting Order
RecoveriesAs stated in the filings
Unsecured creditors: a distribution.Under the plan · vote pendingReport of the Proposal Trustee on the Financial Situation of the Debtor… · 31 Oct 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | — | — | paid in full | Under the planvote pendingper the proposal trustee | Report of the Proposal Trustee on the Financial Situation of the Debtor… · 31 Oct 2025 |
| Preferred | — | — | a distributionconditional | Under the planvote pendingper the debtor | Re-Amended Proposal BLACKLINE · 26 Feb 2026 |
| Unsecured | Unsecured portion of secured loans | — | a distribution | Under the planvote pendingper the proposal trustee | Report of the Proposal Trustee on the Financial Situation of the Debtor… · 31 Oct 2025 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
6 stated figures across 3 outcomes, each sourcedSubscribe to view
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Documents
40 filings
| Date | Document | File |
|---|---|---|
Re-Amended Proposal BLACKLINE
| PDF · Subscribers | |
Re-Amended Proposal
| PDF · Subscribers | |
Notice of Adjournment of the Meeting of Creditors
| PDF · Subscribers | |
| Registration Form to the Meeting of Creditors | PDF · Subscribers | |
| Notice of Adjournment of the Meeting of Creditors – dated November 25, 2025 | PDF · Subscribers | |
| Notice of Proposal to Creditors and Notice of Hearing of Application for Court Approval of Proposal | PDF · Subscribers | |
Report of the Proposal Trustee on the Financial Situation of the Debtor and on Amended Proposal
| PDF · Subscribers | |
Amended Proposal
| PDF · Subscribers | |
| Certificate Of Filing a Proposal | PDF · Subscribers | |
| Order (Fourth Extension of the Delay) | PDF · Subscribers | |
Debtor’s Fourth Application for extension of the delay to file a Proposal
| PDF · Subscribers | |
Sixth Report of the Proposal Trustee on the State of the Debtor’s Business and Financial Affairs
| PDF · Subscribers | |
| Order (Third Extension of delay to file a Proposal) | PDF · Subscribers | |
Debtor’s Third Application for extension of the delay to file a Proposal
| PDF · Subscribers | |
Fifth Report of the Proposal Trustee on the State of the Debtor’s Business and Financial Affairs
| PDF · Subscribers | |
Approval and Vesting Order
| PDF · Subscribers | |
Exhibit R-1-Amended Approval and Vesting Order
| PDF · Subscribers | |
Exhibit R-1-Appoval and Vesting Order
| PDF · Subscribers | |
| Amended Application for the issuance of a Sale Approval and Vesting Order | PDF · Subscribers | |
| Application for the issuance of a Sale Approval and Vesting Order | PDF · Subscribers | |
Exhibit R-7-Fourth Report of the Proposal Trustee on the State of the Debtor’s Business and Financial Affairs and the Proposed Sale of Assets
| PDF · Subscribers | |
Order (Second Extension of the Delay)
| PDF · Subscribers | |
| Debtor’s Second Application for Extension of the Delay to file a Proposal | PDF · Subscribers | |
| Exhibit R-5-Third Report of the Proposal Trustee on the State of the Debtor’s Business and Financial Affairs | PDF · Subscribers | |
| Third Report of the Proposal Trustee on the State of the Debtor’s Business and Financial Affairs | PDF · Subscribers | |
Order Extending the Delay to File a Proposal
| PDF · Subscribers | |
Debtor’s First Application for Extension of Delay to File a Proposal
| PDF · Subscribers | |
Second Report of the Proposal Trustee on the State of the Debtor’s Business and Financial Affairs
| PDF · Subscribers | |
Exhibit R-2-Interim Financing Order
| PDF · Subscribers | |
Exhibit R-3-Debtor Second Application for Extension of the Delay to File a Proposal
| PDF · Subscribers | |
| Exhibit R-6-Asset Purchase Agreement | PDF · Subscribers | |
Order
| PDF · Subscribers | |
First Report of the Proposal Trustee on the State of Petitioners’ Business and Financial Affaires dated April 30, 2025
| PDF · Subscribers | |
Notice to Creditors of Intention to Make a Proposal
| PDF · Subscribers | |
Application for an Order (1) Approving Interim Financing and Interim Financing Charge, and (2) Approving an Administration Charge
| PDF · Subscribers | |
| Certificate of Filing of a Notice of Intention to Make a Proposal | PDF · Subscribers | |
| Exhibit R-4-Stalking Horse Bid | PDF · Subscribers | |
| Proof of Claim – Form 31 | PDF · Subscribers | |
| Proxy – Form 36 | PDF · Subscribers | |
| Voting Letter | 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., “Mobi724 Global Solutions Inc.” (NOI), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/mobi724-global-solutions-inc