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Engagements

CellAegis Devices Inc.

On June 19, 2020, CellAegis Devices Inc. (the “Company”) filed an assignment into bankruptcy pursuant to the Bankruptcy and Insolvency Act (“BIA”) and GlassRatner Inc.  (“GlassRatner“) was appointed as Trustee in Bankruptcy.

Status Update

The First Meeting of Creditors was held on July 9, 2020 at 1:00 p.m. via telephone conference.

Sale Process

GlassRatner conducted a sale process to invite offers for the purchase of all of the rights, title and interest in the Company’s assets, property and undertakings (the “Assets”).

The Assets included the following:

  • Inventory
  • Intellectual Property

Interested Parties had until 5:00 p.m. EST Friday, August 28, 2020 to submit a binding offer directly to the Trustee.

The sale process was concluded on October 7, 2020.

Links to relevant documents can be found below.

Creditor or Employee Inquiries

For creditor or employee inquiries, please contact:

Geanina Schmidt
T: 437.294.4620
E: gschmidt@glassratner.com

The purpose of this website is to provide documents to any interested persons regarding this proceeding.  The documents listed below are in pdf format and can be viewed and/or downloaded.  Please feel free to return to this website periodically for future updates on the status of these proceedings.  Additional documents and information will be posted as it becomes available.

Documents

Sale Process

  • Teaser
  • NDA

Bankruptcy Documents

  • Certificate of Appointment
  • Creditors Package
  • Order Discharging Trustee
  •   Print friendly version

Contacts

Allan Nackan

CPA, CA, CIRP, LIT
Senior Managing Director Restructuring
  • 437.294.4602
  • 416.566.4025
  • anackan@glassratner.com
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The firm is not authorized to practice law or provide legal services.