Ontario · CCAA

a) A brief overview of Stantive’s business; b) A comparison of actual receipts and disbursements for the 5 week period ended February 15, 2018 to Stantive’s projected cash flow statement; c) The results of the SISP; d) Information with respect to Stantive’s application to obtain the Court’s approval of the transaction (the “Sale Transaction) contemplated by the asset purchase agreement (the “Asset Purchase Agreeemnt”) between Stantive and Bridgeline Digital, Inc. (the “Purchaser”) dated February 15, 2019; e) Information with respect to Stantive’s application to obtain the Court’s approval for the vesting in the Purchaser; f) Information with respect to the Claims Solicitation Process; g) Information with respect to Stantive’s application for an order approving the distribution of a portion of the sale proceeds to certain stakeholders; h) Stantive’s request for an order approving the conversion of the NOI proceedings to proceedings under the Companies’ Creditors Arrangement Act (the “CCAA”)

Sale process approval order · 21 February 2019