Quebec · CCAA
04 Supplement to the Third Report of the Monitor (February 1st, 2025)
Court officer report · 1 February 2025
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What we verified from this filing2 verified
- purchaserprice: note: Modification of the Purchase Price to essentially a one time cash payment at closing, without any balance of sale price as initially contemplated; Removal of the Promissory Note requirement and reduced Future Cash Payments to $1 · basis: mixed · sealed: false · scope: the Proposed Transaction (Share Purchase Agreement) · status: proposed · name note: referred to only as 'the Purchaser'; not named in this excerpt · structure: shares · name source: recital · relationship: unstated
- sale outcometext: The Monitor recommends that the Proposed Transaction be approved by the Court. · scope: whole_business · status: pending_approval