Ontario · NOI
First Report of the Proposal Trustee dated September 29, 2025
Court officer report · 29 September 2025
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 filing1 verified
- secured creditorsnote: DISCHARGED/repaid: Proposal Trustee's understanding is that the amount owing to RBC in connection with this registration has been repaid in full; not a current secured balance. · page: 6 · as of: 2025-06-11 (PPRS search date); registration dated 2023-04-12 · debtor: 3MotionAI Inc. · creditor: Royal Bank of Canada · currency: CAD · security: PPSA financing statement registered in Ontario on April 12, 2023 against collateral classified as 'inventory', 'equipment', 'accounts', 'other' and 'motor vehicle included', in respect of an operating loan