Quebec · CCAA
Third Report of the Auditor on the Status of the Debtors' Affairs and Finances - 2026-04-10
Court officer report · 10 April 2026
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What we verified from this filing11 verified
- report date10 April 2026
- report no3
- operational summaryThe Controller and CRO worked with management and counsel to finalize asset purchase agreements for the transactions covered by the Demand, held numerous calls and working sessions on upcoming transactions, cash position, and impact of proceedings on sales/accounts receivable and purchases/accounts payable, and communicated extensively with secured creditors, other stakeholders, creditors, customers, suppliers and former employees.
- cash on handamount: -5112000 · currency: CAD
- professional feesamount: 2000 · currency: CAD
- operational summaryThe Debtors continue their restructuring while finalizing three asset purchase transactions arising from the SISP; once the transactions close and the transition services end, the Debtors are expected to be put into bankruptcy, with no distribution anticipated for unsecured creditors.
- process resultsbids: 8 · note: huit offres contraignantes reçues à l'échéance du PSIV; quatre Offres retenues identifiées · as of: 2026-02-27 · qualified bids: 8
- purchaserColabor 2026 S.E.C.; price: note: montant offert caviardé dans le texte fourni · basis: cash · sealed: true · currency: CAD · scope: les actifs de GRA · status: proposed · name note: acquéreur des actifs de GRA, non nommé dans le texte fourni · structure: assets · name source: recital · relationship: unstated · agreement date: 2026-04-07; price: sealed: false · scope: les actions de Tout-Prêt · status: approved · name note: quatrième Offre retenue visant les actions de Tout-Prêt · structure: shares · name source: recital · relationship: unstated
- report date10 April 2026
- report noTroisième rapport du Contrôleur
- sale outcometext: Trois transactions proposées visant la quasi-totalité des actifs restants, plus la transaction Tout-Prêt déjà approuvée · scope: whole_business · status: pending_approval