#Claims
Bankruptcy commenced under the BIA with Deloitte Restructuring Inc. as trustee; the creditors' meeting is dated to February 10, 2023.
SpaceRyde Inc.
FollowActive
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 31-2910487
Filings held3
Last activity10 Feb 2023
On the record1,319 days
OverviewSummary updated
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.
Proceedings AIAsk this case — answers cite the filings
Case updates3 dated entries
#Report
Court officer's report fixed the commencement of the proceeding at 11:02 on February 10, 2023, establishing the date and time from which the file runs.
#Report
Second report of the same date recorded that the proceeding originated in an assignment filed by SpaceRyde itself, and that the assignment was accepted.
Source: Trustee's Preliminary Report
Parties
Debtor
SpaceRyde Inc.
Trustee in bankruptcy
Deloitte
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Ford Credit Canada Leasing · in 23 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 |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
RecoveriesAs stated in the filings
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.
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Documents3 filings
| 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 20 September 2026, https://proceedings.ca/case/spaceryde-inc