Zonix Homes Inc. et al.

Zonix Homes Inc. and Zonix Dudley Inc. entered court-appointed receivership on October 15, 2026, when the Ontario Superior Court of Justice granted an interim order on the application of Cameron Stephens Mortgage Capital Ltd. under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, appointing TDB Restructuring Limited as receiver and manager under Court File No. CL-26-00000255-0000. Vector Financial Services Limited and Olympia Trust Company, holding first-ranking charges, were owed $24,314,359.39 as of May 4, 2026, with per diem interest of $7,611.81, after the Vector interest reserve went unfunded and the loan was accelerated. Cameron Stephens, subordinated and postponed to Vector in July 2025, was owed $4,127,781.92 as of May 6, 2026, with per diem interest of $1,692.79, following default after the Extended Forbearance Termination Date of April 30, 2026. The receivership is active.