Alberta · Receivership (court-appointed)
Affidavit of Donna Ross-Ferrara filed February 10, 2025
Affidavit · 10 February 2025
A plain-language read of this filing opens with a subscription.
What we verified from this filing7 verified
- secured creditorsnote: Secured interest subordinate to RBC Security; also subordinate to Bridge Loan Security until it ceased Aug 31, 2024. Amount is outstanding principal as of demand date, before accruing interest/costs. · page: 3 · as of: 2025-02-05 · amount: 1000000 · debtor: Katipult Technology Corp. · creditor: MGB Investments Limited Partnership · currency: CAD · security: Amended and Restated Secured Convertible Debenture (2018 Debentures, ranking pari passu) plus General Security Agreement dated July 18, 2024 over all present and after-acquired real and personal property
- secured creditorsnote: Secured interest subordinate to RBC Security; also subordinate to Bridge Loan Security until it ceased Aug 31, 2024. Amount is outstanding principal as of demand date, before accruing interest/costs. · page: 3 · as of: 2025-02-05 · amount: 1000000 · debtor: Katipult Technology Corp. · creditor: Brian Craig · currency: CAD · security: Amended and Restated Secured Convertible Debenture (2018 Debentures, ranking pari passu) plus General Security Agreement dated July 18, 2024 over all present and after-acquired real and personal property
- secured creditorsnote: Secured interest subordinate to RBC Security; also subordinate to Bridge Loan Security until it ceased Aug 31, 2024. Amount is outstanding principal as of demand date, before accruing interest/costs. · page: 3 · as of: 2025-02-05 · amount: 333333.33 · debtor: Katipult Technology Corp. · creditor: Mark Miller · currency: CAD · security: Amended and Restated Secured Convertible Debenture (2018 Debentures, ranking pari passu) plus General Security Agreement dated July 18, 2024 over all present and after-acquired real and personal property
- secured creditorsnote: Secured interest subordinate to RBC Security; also subordinate to Bridge Loan Security until it ceased Aug 31, 2024. Amount is outstanding principal as of demand date, before accruing interest/costs. · page: 3 · as of: 2025-02-05 · amount: 333333.33 · debtor: Katipult Technology Corp. · creditor: Joseph Osinski and Judy Osinski · currency: CAD · security: Amended and Restated Secured Convertible Debenture (2018 Debentures, ranking pari passu) plus General Security Agreement dated July 18, 2024 over all present and after-acquired real and personal property
- secured creditorsnote: Affiant is one of the Lenders/Secured Parties; secured interest subordinate to RBC Security; also subordinate to Bridge Loan Security until it ceased Aug 31, 2024. Amount is outstanding principal as of demand date, before accruing interest/costs. · page: 3 · as of: 2025-02-05 · amount: 333333.33 · debtor: Katipult Technology Corp. · creditor: Donna Ross-Ferrara · currency: CAD · security: Amended and Restated Secured Convertible Debenture (2018 Debentures, ranking pari passu) plus General Security Agreement dated July 18, 2024 over all present and after-acquired real and personal property
- secured creditorsnote: Senior/unaffected secured party; the Lenders' (2018 Debentures) security is subordinate to RBC Security. Receivership stated not to impact RBC's security; RBC to be treated as unaffected. No balance amount stated. · page: 4 · debtor: Katipult Technology Corp. · creditor: Royal Bank of Canada · currency: CAD · security: RBC Security - blanket lien over all present and after-acquired personal property, evidenced by Alberta PPSA registrations #14072335006, #20013137012 and #20013136931
- secured creditorsnote: Lenders' (2018 Debenture) security was subordinate to this Bridge Loan Security but subordination ceased and became of no force/effect from and after August 31, 2024. $250,000 figure is the note's original principal, not a confirmed outstanding balance. · page: 7 · debtor: Katipult Technology Corp. · creditor: Adventure Capital (2019) Inc. · currency: CAD · security: Bridge Loan Security - lien on certain accounts receivable pursuant to Bridge Loan Note (principal amount $250,000) and Bridge Loan Security Agreement, both dated May 22, 2024