Alberta · CCAA
Pre-Filing Report of the Proposed Monitor
Pre-filing report · 8 March 2023
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 filing2 verified
- secured creditorsnote: Approximate principal plus accrued interest and fees outstanding as at Dec 31, 2022; PEL also holds a separate unsecured bridge loan of approx. USD $1.0 million to the Dynamic Group · page: 5 · as of: 2022-12-31 · amount: 16000000 · debtor: Dynamic Technologies Inc. (DTG) · creditor: Promising Experts Limited (PEL) · currency: USD · security: Secured obligations under the Amended and Restated Credit Agreement dated August 5, 2022
- financial positionnote: Aggregate book value figures per Dynamic Group's unaudited consolidated financial information as described in the Pre-Filing Report · page: 6 · as at: 2022-12-31 · basis: book value (unaudited) · scope: consolidated - Dynamic Technologies Group Inc. and subsidiaries (Dynamic Attractions Ltd., Dynamic Entertainment Group Ltd., Dynamic Structures Ltd., Dynamic Attractions Inc.) · currency: CAD · total assets: 31900000 · total liabilities: 94500000