SRTX Inc., Sheertex Inc., SRTX Software Holdings ULC & Octagon Performance Materials Inc.

Notice of Intention to Make a Proposal

^{Page last updated: March 4, 2026}

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.

Status of file as of February 27, 2026

On February 25, 2026, the Court issued an Order granting the application for the issuance of an Approval and Reverse Vesting Order, which approves the proposed transaction and the creation of a ResidualCo to transfer the unsold assets and unassumed liabilities of SRTX Inc., Sheertex Inc., Sheertex Software Holdings ULC, and Octagon Performance Materials Inc.

On February 27, 2026, 9561-3261 Quebec Inc. (ResidualCo) was declared bankrupt. The first meeting of creditors of the bankrupt will be held on the 23rd day of March 2026, at 10:00 a.m. at the office of the trustee, 1250 René-Lévesque Boulevard West, Suite 2500, Boardroom 2511, Montréal, Quebec H3B 4Y1.

We refer you to the “Court Motions and Orders” section for more details.

Status of file as of February 17, 2026

SRTX Inc., Sheertex Inc., SRTX Software Holdings ULC & Octagon Performance Materials Inc. (the "Debtors") each have filed with the Official Receiver a “Notice of Intention to Make a Proposal” pursuant to Subsection 50.4(1) of the Bankruptcy and Insolvency Act on February 17, 2026.

Pursuant to Section 69 of the Bankruptcy and Insolvency Act, all proceedings against the Debtors are stayed as of the date of filing the Notice of Intention to Make a Proposal with the Official Receiver.

An application for the issuance of an approval and reverse vesting order and other ancillary relief filed by the Debtors will be presented to the Court on February 24, 2026. We refer you to the “Court Motions and Orders” section for more details.