What we verified from this filing5 verified
- financial positionnote: Total assets figure appears on page 8; total liabilities figure appears on page 9. · page: 8 · as at: 2025-07-31 · basis: internal unaudited financial statement, book value · scope: consolidated basis for all Debtors (Atallah Group Inc., Atallah International Inc., 9416-7145 Québec Inc., Atallah Group US Inc., Atallah Group Limited, Atallah Group EU SRL) · currency: CAD · total assets: 387277548 · total liabilities: 498957883
- secured creditorsnote: Balance per internal unaudited financial statement, book value. · page: 9 · as of: 2025-07-31 · amount: 112428953 · debtor: Atallah Group Inc., Atallah International Inc., Atallah Group EU SRL (borrowers); Atallah Group US Inc., Atallah Group Limited, 9416-7145 Québec Inc. (guarantors) · creditor: Bank of Montreal (as agent for the Lending Syndicate) – Syndicated Credit Facility (Revolving) · currency: CAD · security: First-ranking security interest and hypothec on substantially all property of the Debtors (other than the IQ Equipment); second-ranking security interest and hypothec on the IQ Equipment
- secured creditorsnote: Balance per internal unaudited financial statement, book value. · page: 9 · as of: 2025-07-31 · amount: 31987378 · debtor: Atallah Group Inc., Atallah International Inc., Atallah Group EU SRL (borrowers); Atallah Group US Inc., Atallah Group Limited, 9416-7145 Québec Inc. (guarantors) · creditor: Bank of Montreal (as agent for the Lending Syndicate) – Syndicated Credit Facility (Term) · currency: CAD · security: First-ranking security interest and hypothec on substantially all property of the Debtors (other than the IQ Equipment); second-ranking security interest and hypothec on the IQ Equipment
- secured creditorsnote: IQ Loan agreement dated January 26, 2022 provided a term loan with a maximum principal amount of $21.3 million (facility limit, not balance). Outstanding balance per book value statement. · page: 9 · as of: 2025-07-31 · amount: 20036560 · debtor: Atallah Group Inc. and Atallah International Inc. (borrowers) · creditor: Investissement Québec · currency: CAD · security: First-ranking hypothec on certain equipment acquired for the automation project (the "IQ Equipment"); second-ranking hypothec on substantially all other property of Group and International
- secured creditorsnote: Related party: loan associated with the Atallah family (referred to elsewhere as the "Founders"). · page: 9 · as of: 2025-07-31 · amount: 75000000 · debtor: Atallah Group Inc. (borrower); International, 9416-7145 Québec Inc., Atallah Group US Inc. (security providers) · creditor: Related Party Loan (Atallah family / Founders) · currency: CAD · security: Third-ranking hypothec on substantially all property of Group and International (ranking after BMO and IQ); second-ranking hypothec on substantially all property of 9416 (ranking after BMO); second-ranking security interest on substantially all property of Group US (ranking after BMO)