Nova Scotia · NOI
Breif
Application / notice of application · 21 August 2026
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing4 verified
- secured creditorsnote: Shawn Weadock and 4833651 Nova Scotia Limited are DIP lenders; possible related party given individual named alongside numbered company; interest rate lowered from 24% to 9% per negotiations; DIP Lender's Charge to prime other secured creditors except SH&ED and provincial credits owing by Revenu Québec, which are carved out · page: 1 · as of: DIP Agreement dated July 24, 2026 · debtor: Allumiqs Solutions Inc. and Allumiqs Corporation · creditor: 4833651 Nova Scotia Limited and Shawn Weadock (DIP Lender) · currency: CAD · security: DIP Lender's Charge against the Property pursuant to s. 50.6 BIA, ranking in priority to other secured interests; total DIP facility amount illegible in source text ("$,000.00")
- secured creditorsnote: Secures professional fees and disbursements of Proposal Trustee and counsel; not yet granted, sought by this application · page: 1 · amount: 100000 · debtor: Allumiqs Solutions Inc. and Allumiqs Corporation · creditor: Proposal Trustee (MNP Ltd.), its counsel, and Companies' counsel · currency: CAD · security: Administration Charge against the Assets pursuant to s. 64.2 BIA, ranking in priority to all other secured interests except SH&ED/Revenue Quebec provincial credits
- secured creditorsnote: Quasi-governmental claim (SH&ED/provincial tax credits); amount not stated; carved out from DIP and Administration Charge priming · page: 6 · debtor: Allumiqs Solutions Inc. and Allumiqs Corporation · creditor: Revenu Québec · currency: CAD · security: SH&ED and provincial credits owing by Revenue Quebec carved out of priming charges
- secured creditorsnote: Document states notice provided to all secured creditors and that secured creditors do not oppose the Administration Charge, but does not name them or state amounts · page: 6 · debtor: Allumiqs Solutions Inc. and Allumiqs Corporation · creditor: Unnamed secured creditors (existing, pre-filing) · currency: CAD