Ontario · Receivership (court-appointed)
Affidavit of Linda Fraser-Richardson sworn May 5, 2026
Affidavit · 5 May 2026
Also filed as: Affidavit of Linda Fraser-Richardson sworn May 5, 2026
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What we verified from this filing4 verified
- secured creditorsnote: Principal and interest only; excludes fees, expenses and accrued interest from and after March 31, 2026. Borrowers/Guarantors jointly liable under Credit Agreement dated Dec 12, 2022 (as amended 11 times). · page: 5 · as of: 2026-04-17 · amount: 22308397.41 · debtor: Mara Technologies Inc. (Canadian Borrower) · creditor: Frontwell Capital Partners Inc. · currency: CAD · security: General security agreement dated December 16, 2022 (all-property/PPSA security interest incl. accounts, equipment, inventory, intangibles, floating charge)
- secured creditorsnote: Related party: Guarantor of Borrowers' indebtedness under guaranty dated Dec 16, 2022; same Indebtedness figure; excludes fees, expenses and accrued interest from and after March 31, 2026. · page: 9 · as of: 2026-04-17 · amount: 22308397.41 · debtor: Invotek Group Inc. (Canadian Guarantor) · creditor: Frontwell Capital Partners Inc. · currency: CAD · security: General security agreement dated December 16, 2022 (all-property/PPSA security interest)
- secured creditorsnote: Related party: Guarantor of Borrowers' indebtedness under guaranty dated Dec 16, 2022; same Indebtedness figure; excludes fees, expenses and accrued interest from and after March 31, 2026. · page: 13 · as of: 2026-04-17 · amount: 22308397.41 · debtor: Invotek Group USA Inc. (U.S. Guarantor) · creditor: Frontwell Capital Partners Inc. · currency: CAD · security: Security agreement dated December 16, 2022 (first priority lien on personal property)
- secured creditorsnote: Same Indebtedness figure as other Loan Parties (joint credit facility); excludes fees, expenses and accrued interest from and after March 31, 2026. · page: 26 · as of: 2026-04-17 · amount: 22308397.41 · debtor: Mara Technologies USA Inc. (U.S. Borrower) · creditor: Frontwell Capital Partners Inc. · currency: CAD · security: Security agreement dated December 16, 2022 (first priority lien on accounts, goods, inventory, equipment, intangibles, deposit accounts, etc.)