Ontario · CCAA

Third Report of the Monitor

Court officer report · 12 June 2026

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What we verified from this filing1 verified

recovery outcomeentries: basis: estimated · quote: after accounting for a distribution to the DIP Facility from the AP Transaction proceeds on account of the shortfall (which would then provide the DIP Facility with a full recovery), the remaining proceeds from the AP Transaction would then be paid towards the Secured IP Claim, with such remaining proceeds estimated to be between $17.2 million and $22.1 million; · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: monitor · class label: DIP Facility · creditor name: DIP Facility · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: in any scenario, the Secured IP Claim is estimated to either suffer a shortfall or recover at the low range of the Monitor's estimated valuation of the Secured IP Claim. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Secured IP Claim · creditor name: Secured IP Claim · interim final: unstated · claims qualifier: unstated · table missing: