Replies to post #96632 on BioAmber Inc fka BIOAQ

[surfkast]

Status update as of December 23, 2019
On December 23, 2019, the Monitor filed with the Court its discharge certificate, certifying it has completed the Remaining Activities as defined and described in the Monitor's Twelfth Report to the Court.

The Monitor has distributed the funds in its hands from the liquidation of the Companies' assets to the secured creditors of the Companies. The claims of those secured creditors have not been satisfied in full. There has been no plan of compromise or arrangement made in respect of the Companies, and the residual claims of the secured and unsecured creditors of the Companies remain outstanding.

By virtue of the Order of the Superior Court of Quebec dated July 2, 2019, with the filing of the discharge certificate, the CCAA Proceedings are now terminated.

We refer you to the judgment dated July 2, 2019, and the previous reports of the Monitor, for further information.

https://www.pwc.com/ca/en/services/insolvency-assignments/bioamber.html