SpaceRyde Inc.
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 31-2910487
- Industry
- Manufacturing · Vehicles, parts & aerospace
SpaceRyde Inc., an Ontario company operating from Concord and Trent Hills, has been in bankruptcy under the Bankruptcy and Insolvency Act since February 10, 2023, court file 31-2910487, with Deloitte Restructuring Inc. as trustee. The Statement of Affairs as at the date of bankruptcy reports total liabilities of $10,807,925 against total assets of $2,061,325 at the trustee's preliminary estimated realizable value, on a cost basis of $3,491,100. Claim classes as reported are other claimants at $7,122,596, unsecured creditors at $3,541,991 and preferred claims at $143,338; claims actually filed as of March 1, 2023 stood at $1,575,013. Ford Credit Canada Leasing is registered under the PPSA against a leased 2021 Ford F150. A former CEO's promissory note claim has been admitted and ranked pari passu with unsecured creditors under s. 137, while a former COO's lease claim remains under review.
Undated filings1 — no date appears on the document · show
Debtor
SpaceRyde Inc.
Trustee in bankruptcy
Deloitte
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Ford Credit Canada Leasing · in 24 casesRegistered as secured party on PPSA re: 2021 Ford F150 vehicle lease — Vehicle lease with option to buy; no balance stated. Statement of Affairs reports secured creditors amount of $1 (nominal), which does not align to this specific creditor. — debtor: SpaceRyde Inc. | — | Trustee's Preliminary Report |
| 7 | Preferred (BIA s. 136) | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
3 more claims in 2 classes The stack holds Secured, Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Unsecured creditors: not yet estimated.Trustee's Preliminary Report · 1 Mar 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | SpaceRyde's creditors | — | not yet estimated | per the trustee | Trustee's Preliminary Report · 1 Mar 2023 |
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.
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Notice to Creditors Package dated February 16, 2023
| PDF · Subscribers | |
Certificate of Appointment dated February 10, 2023
| PDF · Subscribers | |
Trustee's Preliminary Report
| 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., “SpaceRyde Inc.” (Bankruptcy). Retrieved 6 November 2026, https://proceedings.ca/case/spaceryde-inc