Ontario · CCAA
Fourth Report of the Monitor
Court officer report · 22 October 2021
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 filing6 verified
- operational summaryHydRx wound down its operations as of October 5, 2021 after ceasing sales through the Ontario Cannabis Store and other provincial channels, while the Monitor and CRO pursue a credit bid sale transaction with Cobra Ventures under the SISP.
- purchaserCobra Ventures Inc.
- report date22 October 2021
- report noFourth Report
- sale advisorMacpherson & Associates Inc.
- sale outcometext: no reason to proceed with Phase 2 of the SISP; Monitor proceeding with Credit Bid Transaction documentation · scope: whole_business · status: bid_selected