Ontario · CCAA
Approval and Reverse Vesting Order
Reverse vesting order · 8 October 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 filing7 verified · 2 withheld
- closing termsClosing occurs upon delivery of the Monitor's Closing Certificate; steps occur in sequence at the Closing Time, and the Closing Payment is paid to the Monitor on or prior to the Closing Date.
- counselMiller Thomson LLP
- order date8 October 2025
- presiding officerJustice Kimmel
- residualco1001379021 Ontario Inc.
- sale outcometext: The Court approved the stalking horse subscription agreement and the reverse vesting Transaction; closing is subject to delivery of the Monitor's Closing Certificate. · scope: whole_business · status: approved
- stalking horse1001180045 Ontario Inc. and Kanterra Science Inc.
2 extracted values are withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.