Ontario · CCAA
Eleventh Report of the Monitor
Court officer report · 9 February 2026
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What we verified from this filing6 verified
- closing confirmedscope: the Transaction · outcome: not_completed · purchaser: Investor · date basis: unstated · approval order date: 2025-09-11
- operational summaryThe Monitor reports that the Applicants and DIP Lender have been unable to secure replacement liquidity to fund the increased DIP facility, and the Investor has failed to secure Exit Financing, meaning the Transaction will not close by the contemplated Closing Date; the Monitor does not expect the CCAA stay to be extended past its February 28, 2026 expiry.
- purchaserInvestor
- report date9 February 2026
- report noEleventh Report
- sale outcometext: the Transaction will not close by the Closing Date contemplated under the A&R Investment Agreement · scope: whole_business · status: not_completed