Saskatchewan · CCAA
First Report of the Monitor
Court officer report · 9 December 2025
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What we verified from this filing9 verified
- report date9 December 2025
- report noFirst Report
- operational summaryAs at the date of this First Report, AgraCity has insufficient cash available to continue operating as a going concern as evidenced by the CFS#1 Forecast-to Actual Analysis. AgraCity has used its available cash since the granting of the Initial Order to settle critical expenditures in order to preserve the value of its business while it pursued a restructuring transaction that would provide sufficient Interim Financing to permit the AgraCity Group to fund its expenses during an extended stay period.
- professional feesamount: 306000 · currency: CAD
- cash on hand88255.20
- purchaserUnited Farmers of Alberta Co-operative Limited
- sale advisorErnst & Young Orenda Corporate Finance Inc.
- sale outcometext: SISP proposed with Stalking Horse Agreement, not yet approved by court · scope: whole_business · status: pending_approval
- stalking horseUnited Farmers of Alberta Co-operative Limited (20000000)