XTM Inc. – Sale and Investment Solicitation Process
Follow- Proceeding
- CCAACompanies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
- File
- CL-26-0000000084-0000
XTM Inc. and Everyday People Payments Inc. obtained protection under the Companies' Creditors Arrangement Act on 10 April 2026, when the Ontario Superior Court of Justice appointed The Fuller Landau Group Inc. as monitor of the proceedings.
6 earlier updates, back to 27 February 2026 — subscribers.
Debtor
XTM Inc. – Sale and Investment Solicitation Process
Monitor
Fuller Landau
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Black | Ontario Superior Court of Justice | 1 order, Apr 2026 | 176 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantXTM Inc. – Sale and Investment Solicitation Process | Miller Thomson LLP | 10 Apr 2026 | Order · 10 Apr 2026 |
Sale process approved — SISP intended to solicit interest in, and opportunities for, a sale of, or investment in, all or part of XTM's assets and business operationsNotice of Sale and Investment Solicitation Process · 23 Apr 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Pateno Payments Inc.Stalking horseall of XTM's share capital · share subscription · nominee/assignee: its nominee/assignee · agreement 8 Apr 2026 | Subscribers | Approved10 Apr 2026 | XTM - SISP Order April 10, 2026 |
| Date | Document | File |
|---|---|---|
| SISP - Notice to Bidders Regarding Bid Deadline Extension | PDF · Subscribers | |
| Schedules to the Stalking Horse APA as at May 7, 2026 | PDF · Subscribers | |
| XTM Press Release April 28, 2026 | PDF · Subscribers | |
Notice of Sale and Investment Solicitation Process
| PDF · Subscribers | |
| XTM SISP Press Release | PDF · Subscribers | |
XTM - SISP Order April 10, 2026
| PDF · Subscribers | |
Stalking Horse Subscription Agreement dated April 8, 2026 - Fully Executed
| PDF · Subscribers | |
XTM-Sale-and-Investment-Solicitation-Process
| 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., “XTM Inc. – Sale and Investment Solicitation Process” (CCAA), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/xtm-inc-sale-and-investment-solicitation-process