Tag: creditor
Posted in General
Gaming and esports tech firm Swarmio files for creditor protection
Swarmio Media has announced that it is seeking creditor protection. The Halifax-headquartered gaming tech firm has filed an application for creditor protection from the…
Posted in General
S|W: The SaaS Weekly – RenoRun’s “Hail Mary” deals fail to save it from creditor protection
Plus: 2023 Federal budget focuses on cleantech. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe….
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RenoRun files for creditor protection after failed pursuit of “hail mary” deals to save company from insolvency
The filling follows four attempts to raise bridge financing and multiple rounds of layoffs. Montréal-based RenoRun has filed for creditor protection as the struggling…
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Canada Drives undergoing restructuring as it files for creditor protection
“The rising costs of holding inventory…has made this specific business model no longer viable.” Vancouver-based auto marketplace Canada Drives is undergoing restructuring of its…