Ontario · CCAA
Fifth Supplement to the Eleventh Report of the Monitor
Court officer report · 16 July 2026
A plain-language read of this filing opens with a subscription.
What we verified from this filing8 verified
- cash on handnote: Figure is the remaining funds held by the Monitor in trust for 157 Ontario as at July 13, 2026, updated from the Eleventh Report's balance of $1,349,910.47 as at January 4, 2024. · as at: 2026-07-13 · amount: 1407567.18 · currency: CAD
- closing confirmedscope: the Sale Transaction · outcome: completed · effective: 2019-03-13 · purchaser: Bridgeline Digital, Inc. · date basis: stated
- professional feesnote: Additional disbursements for the same period also included accounting services of $11,474.55 and legal fees of $21,794.00. · party: Monitor (Ernst & Young Inc.) · amount: 23644.88 · period: January 4, 2024 to July 13, 2026 · currency: CAD
- purchaserprice: note: Purchase Price is the aggregate of a Cash Amount, a Credit Bid (DIP Financing plus $6,766,598 of secured promissory note debt plus accrued interest), and the value of assumed liabilities · basis: mixed · sealed: false · currency: CAD · scope: all contracts, computer software, intellectual property, cash and accounts receivable, and shares of Stantive's affiliates (collectively the ' Purchased Assets ') · status: proposed · name note: Purchaser to be incorporated by the DIP Lenders; asset purchase agreement referred to as the Stalking Horse Agreement · structure: assets · name source: recital · relationship: stalking_horse; Bridgeline Digital, Inc.
- report date16 July 2026
- report noFifth Supplement to the Eleventh Report of the Monitor
- sale outcometext: Sale transaction with Bridgeline Digital, Inc. was completed in 2019; current report addresses CRA tax appeal and stay extension · scope: whole_business · status: closed
- stalking horsestate: stated · currency: CAD · is lender: true