Proceedings.

X2O Media Inc.

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Bankruptcyarticle 81(4) de la Loi sur la faillite et l'insolvabilité
Filings held11
Last activity7 Apr 2026
On the record219 days
OverviewSummary updated

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.

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Case updates12 dated entries
#Filing

X2O Media Inc. — Bankruptcy filed, Quebec.

Parties

Debtor

X2O Media Inc.

Trustee in bankruptcy

FTI

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
UnsecuredStratacache, Inc. (X2O)related party (Stratacache/X2O), largest single unsecured claim — debtor: X2O Media inc. · as of 31 Mar 2026$19.1MForm 78 - List of creditors
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured

217 more claims in 1 class The stack holds Unsecured claims.

Every creditor and every amount, drawn to scale.

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Sale processAs stated in the filings

Marketed — The Trustee is soliciting proposals for the purchase of all of the Company's assets, in two lots (office furniture and IT equipment; servers), on an as-is, where-is basis; proposals due April 17, 2026.X2O Media - Confidential information memorandum · 7 Apr 2026

Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents
11 filings
DateDocumentFile
X2O Media - Confidential information memorandum
  • Bid deadline 17 April 2026
  • Sale outcome Marketed — The Trustee is soliciting proposals for the purchase of all of the Company's assets, in two lots (office furniture and IT equipment; servers), on an as-is, where-is basis; proposals due April 17, 2026.
  • Break fee · Stalking horse Subscribers
PDF · Subscribers
X2O Media - Inventaire
  • Appointee FTI Consulting Canada Inc.
  • Appointee role syndic
  • Financial position · Secured creditors Subscribers
PDF · Subscribers
X2O Media - Mémoire d’information confidentielPDF · Subscribers
Avis de faillite et de première assemblée des créanciersPDF · Subscribers
Certificat de nominationPDF · Subscribers
Form 78 - List of creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Formulaire 78 - Liste des créanciers
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Nomination certificatePDF · Subscribers
Notice of bankruptcy and of first meeting of creditorsPDF · Subscribers
Preuves de réclamation de bien
  • Appointee FTI Consulting Canada Inc.
  • Appointee role syndic de l'actif du failli
  • Commencement date 31 March 2026
  • Statutory basis article 81(4) de la Loi sur la faillite et l'insolvabilité
PDF · Subscribers
Property claim
  • Commencement date 31 March 2026
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., “X2O Media Inc.” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/x2o-media-inc

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/x2o-media-inc

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.