Ontario · NOI

Motion Record (Returnable December 19, 2023) – dated December 12, 2023

Application / notice of application · 19 December 2023

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What we verified from this filing1 verified

recovery outcomeentries: basis: unstated · quote: In an effort to preserve the Initial Transaction that, if completed, provided for full recovery to Ayanda's proven unsecured creditors (less any levies payable to the Superintendent of Bankruptcy ) and a meaningful recovery to the Company's Class B shareholders, following correspondence between Ayanda and the Initial Purchaser (and their respective counsel), at the request of the Initial Purchaser, the parties entered into successive extension agreements (collectively, the ' Amending Agreements ') , summarized below, amending the SPA such that the Outside Date was extended to March 15, 2023: · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: trustee · class label: Ayanda's proven unsecured creditors · interim final: unstated · conditional on: if the Initial Transaction had been completed · claims qualifier: unstated · stated on: 2023-12-12 · table missing: