X2O Media Inc.

X2O Media Inc. entered bankruptcy under the BIA on March 31, 2026, when it filed an assignment in Quebec. The Statement of Affairs filed the same day reports total assets of $708,587 against total liabilities of $38,521,896.27, leaving a deficiency of $37,813,309.27. All liabilities are classified as unsecured; secured, preferred and contingent/trust claims are all nil. The unsecured creditor pool is dominated by related entities within the Stratacache group, including Stratacache, Inc. at $19,095,320.79, Stratacache UK Ltd. at $8,134,161.00, and Stratacache Canada, Inc. at $3,925,619.45, alongside thousands of smaller trade claims.