What we verified from this filing10 verified
- cash on handnote: Appendix A actual cash flow table shows a slightly different closing balance of $2,488K (CAD '000) for the same date. · as at: 2026-03-27 · amount: 2500000 · currency: CAD
- closing confirmedscope: the Transaction · outcome: completed · effective: 2026-02-13 · date basis: stated · effective time: 11:59 p.m. · approval order date: 2026-02-04
- disbursementsnote: Actual cumulative outflows for the 7-week period ended March 27th, 2026, per Appendix A (figures in CAD '000). · since: February 7th, 2026 · amount: 23455000 · currency: CAD
- operational summaryThe Transaction (sale of the business) closed on February 13, 2026, and the Debtors are now working with the Purchaser to implement a transition services agreement while winding down remaining post-sale obligations under the CCAA stay.
- purchaserprice: sealed: false · scope: the Transaction · status: closed · name note: Referred to only as 'the Purchaser'; not named in the omitted text provided · structure: assets · name source: operative · relationship: unstated
- receipts cumulativenote: Actual cumulative inflows for the 7-week period ended March 27th, 2026, per Appendix A (figures in CAD '000). · since: February 7th, 2026 · amount: 12921000 · currency: CAD
- recovery outcomeentries: basis: unstated · quote: Considering that the Lending Syndicate's indebtedness will not be repaid in full from the Sale Proceeds, there will be no amount available for distribution to any other secured or unsecured creditors of the Debtors. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Lending Syndicate · creditor name: Lending Syndicate · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: Considering that the Lending Syndicate's indebtedness will not be repaid in full from the Sale Proceeds, there will be no amount available for distribution to any other secured or unsecured creditors of the Debtors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: other secured or unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2026-04-10 · table missing:
- report date10 April 2026
- report noSixth Report
- sale outcometext: The Transaction closed and the Sale Proceeds were paid to the Monitor to be held in trust · scope: whole_business · status: closed