Ontario · CCAA
Fourth Report of the Monitor
Court officer report · 6 August 2026
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What we verified from this filing7 verified
- cash on handnote: approximately $579,000 higher than projected, driven by timing of August 2026 lease payments and earlier-than-forecast collections from certain customers · as at: 2026-08-02 · amount: 947000 · currency: CAD · qualifier: approximately
- operational summaryThe Debtor continues to operate but has fully drawn its DIP facility and is expected to deplete remaining liquidity on upcoming lease and payroll obligations; additional DIP financing is needed to sustain operations through closing of the sale transaction.
- purchaser2379338 Ontario Inc.
- report date6 August 2026
- report noFourth Report
- sale outcometext: The Court has approved the Transaction for the reasons set out in the August 6 Endorsement. · scope: whole_business · status: approved
- stalking horse2379338 Ontario Inc.