Quebec · CCAA
2025-04-25 m-health Ordonnance d'approbation et de dévolution (en anglais seulement)
Approval and vesting order · 25 April 2025 · French
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 filing9 verified
- secured creditorsnote: Also DIP Lender under senior secured superpriority debtor-in-possession financing term sheet dated December 11, 2024 (DIP Charge); amount of DIP or hypothec balance not stated in document · page: 7 · debtor: m-Health Solutions Inc. · creditor: National Bank of Canada · currency: CAD · security: Conventional movable hypothec without delivery (Publication Nos. 22-0962421-0001, -0002, -0003, 22-1055086-0003); registered August 31, 2022 / September 23, 2022 (Québec); also Ontario PPR Claims for Lien/Security registered September 19, 2022 (Nos. 786813696, 786813966, 786814299)
- secured creditorspage: 7 · debtor: m-Health Solutions Inc. · creditor: National Bank SME Growth Fund, LP / Fonds Croissance PME Banque Nationale, S.E.C. · currency: CAD · security: Conventional movable hypothec without delivery (Publication No. 22-1053981-0001, registered September 23, 2022, Québec); Ontario PPR Claim for Lien/Security No. 786813876, registered September 19, 2022
- secured creditorspage: 8 · debtor: m-Health Solutions Inc. · creditor: Merchant Capital Group LLC · currency: CAD · security: Ontario PPR Claim for Lien/Security No. 510215472, registered October 18, 2024
- closing termsVesting occurs upon issuance of the Monitor's Certificate, once conditions of closing under the Purchase Agreement are satisfied.
- order date25 April 2025
- presiding officerJustice Martin F. Sheehan
- purchaserCML Healthcare Inc.
- sale outcometext: Approval and vesting order approving the Transaction and vesting the Purchased Assets in the Buyer · scope: parcel · status: approved
- sealed itemsExhibit R-7 (the Purchase Agreement) and Schedules B, B.1, D, F and G of the Fourth Report