Ontario · CCAA
THIRD REPORT OF THE MONITOR
Court officer report · 21 July 2021
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What we verified from this filing3 verified
- secured creditorsnote: First secured creditor of HydRx; Court determined Cobra could credit bid the full amount of indebtedness owing under the debenture in the SISP process (Cobra Claims Decision, July 12, 2021); Serafino Group has served a Notice of Motion for Leave to Appeal from this decision. · page: 9 · as of: 2021-03-31 · amount: 14857014 · debtor: HydRx Farms Ltd. · creditor: Cobra Ventures Inc. · currency: CAD · security: Debenture
- process resultsnote: 9 parties accessed data room; number of executed NDAs is present in the original text but redacted by OCR omission in this transcript · solicited: 127
- sale outcometext: SISP process ongoing, Phase 1 bid deadline set, Cobra permitted to credit bid full debenture amount · scope: whole_business · status: process_approved