Quebec · NOI
Trustee's Report in support of the Debtor's Motion (French only) (...)
Court officer report · 9 October 2024
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 filing11 verified
- appointeeMNP LTÉE.
- appointee roleSyndic à l'avis d'intention
- courtCOUR SUPÉRIEURE
- court file no500-11-064649-243
- provinceQUÉBEC
- statutory basisParagraphe 50.6, 64.2 de la Loi sur la faillite et l'insolvabilité
- commencement date16 September 2024
- financial positionnote: Figures taken from balance sheet table 'Interne 30 juin 2024' column, stated in thousands of Canadian dollars ('000 canadiens); scaled accordingly. Capitaux propres totaux shown as (3,617) thousand (deficit). · page: 4 · as at: 2024-06-30 · basis: Non-vérifiés / Interne (unaudited internal figures, in thousands CAD) · scope: Entity - 10032506 Canada Inc. (Innodem Neurosciences) · currency: CAD · total assets: 1910000 · total liabilities: 5527000
- secured creditorsnote: Amount is approximate (1.36M$) per unaudited internal balance sheet as of June 30, 2024, plus accrued interest to date. MVIL also holds a separate second convertible debenture of ~1.36M$ that is UNSECURED (not included here). · page: 4 · as of: 2024-06-30 · amount: 1360000 · debtor: 10032506 Canada Inc. (Innodem Neurosciences) · creditor: MVIL LLC · currency: CAD · security: First convertible debenture (première débenture convertible)
- secured creditorsnote: Amount is approximate (220k$) per unaudited internal balance sheet as of June 30, 2024 · page: 5 · as of: 2024-06-30 · amount: 220000 · debtor: 10032506 Canada Inc. (Innodem Neurosciences) · creditor: Banque Nationale du Canada (BNC) · currency: CAD · security: Universality of movable and immovable property (universalité des biens meubles et immeubles)
- secured creditorsnote: Amount is approximate (800k$) per unaudited internal balance sheet as of June 30, 2024 · page: 5 · as of: 2024-06-30 · amount: 800000 · debtor: 10032506 Canada Inc. (Innodem Neurosciences) · creditor: Finalta Capital Fund · currency: CAD · security: Security over R&D tax credits receivable (crédits d'impôt en recherche et développement); MVIL and BNC ceded rank of their respective securities in favour of Finalta on this collateral