Ontario · NOI
Order Approval and Reverse Vesting Order
Reverse vesting order · 29 July 2025
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 filing8 verified
- closing termsClosing occurs upon delivery of the Proposal Trustee's Certificate confirming satisfaction/waiver of closing conditions, at which the Effective Time occurs and the sequenced vesting steps take place.
- counselReconstruct LLP
- order date29 July 2025
- presiding officerJustice Steele
- purchaserKilne Cookware Inc.
- residualco1001303243 Ontario Inc.
- sale outcometext: The Court approved the stalking horse share purchase agreement and the reverse vesting transaction. · scope: whole_business · status: approved
- stalking horseKilne Cookware Inc.