Goodfood seeks creditor protection after CEO resigns
Montreal meal-delivery company wants time to restructure the business amid liquidity constraints and mounting debt.
Insolvency
Court filings reveal Sheertex maker’s steep losses ahead of insolvency
While tariffs helped bring the apparel innovator down, SRTX was already struggling to scale.
Sheertex maker will be sold to fellow Québec hosiery company AYK
SRTX once employed 350 people. If the sale is approved, fewer than 10 will remain.
Ssense founders can buy back company, court rules
Atallah brothers’ $78-million buyback bid moves forward despite several creditors’ objections.
Ssense founders’ bid to buy back company successful, pending approvals
Deal for control of embattled luxury retail platform expected to close before Feb. 13.
How Dozr, a promising construction tech firm, went from building boom to receivership to asset sale
The heavy equipment marketplace is in new Canadian hands, but its future remains unclear.
Sonder collapses after spending nearly $3.7 million on now-defunct Marriott deal
Short-term rental company winding down operations “immediately” amid ongoing liquidity issues.
Untether AI files for bankruptcy following AMD acquihire
Bankruptcy filing reveals $128 million owed to creditors, including early backer Radical Ventures.
“Still processing”: Lighthouse Labs co-founder shares lessons from sale to Uvaro and bankruptcy
At TechExit.io, Jeremy Shaki unpacks how it felt watching his 12-year project “fall apart.”
Attabotics’ story ends with asset sale to Kentucky engineering firm
Deal comes months after Attabotics filed for creditor protection amid cash flow challenges.
Ssense reaches agreement with lenders on restructuring plan
Online retailer to continue under current leadership with $40 million in interim financing.
Ssense wins temporary protection in battle with creditors
Montréal fashion retailer granted stay order as lenders push for a court-supervised sale.
Ssense seeks to “safeguard” company from potential sale through creditor protection
Online retailer facing headwinds due to US trade policy, dip in luxury demand.
Bankruptcy docs claim faltering sales pipeline sunk Uvaro and Lighthouse Labs post acquisition
Workforce training platform Uvaro acquired coding school Lighthouse Labs this past January.
Sleep tech startup Smart Nora files for bankruptcy after tariffs derail product launch and fundraising attempts
Investors turned away from hardware startups, creating a funding gap that couldn’t be bridged in time, CEO says.