On February 24, 2020 the Court granted the Amended and Restated Initial Order (“ARIO”), which inter alia, authorizing the Invictus Group to commence the sale and investment solicitation process (the “SISP”) for the purpose of soliciting interest in and opportunities for a sale of, or investment, in all or part of the assets and business operations of the Invictus Group and approving the SISP.
The ARIO also authorized and directed the Invictus Group and the Monitor to perform their respective obligations and to do all things reasonably necessary to perform their obligations under the SISP.
Unless otherwise defined, capitalized terms used in this section of the website shall be as defined in the SISP or the ARIO. The SISP and other materials relating to SISP are posted below.
All inquiries regarding the SISP should be made to the Monitor:
Attention: Tom Guthrie
Tel.: +1 604 806 7081
The following table sets out the current key milestones under the SISP:
|Court Approval of Proposed SISP||February 24, 2020|
|Prepare List of Potential Known Bidders||March 19, 2020|
|Companies to Issue Press Release||March 20, 2020|
|Publish Notice of SISP in the Globe and Mail (National Edition)||March 20, 2020|
|Commence Sending Teaser and NDA to Known Potential Bidders||March 19, 2020|
|Phase 1 Bid Deadline||5:00 PM (Pacific Time) on April 28, 2020|
|Phase 2 Bid Deadline||5:00 PM (Pacific Time) on May 21, 2020|
This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.
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