Engagements

Pluribus Technologies Corp.

PLURIBUS TECHNOLOGIES CORP., PLURIBUS TECHNOLOGIES CANADA INC., CRESCERE FRAMEWORKS, LLC o/a THE LEARNING NETWORK, LOGICBAY CORPORATION, SKILSURE INC., SKILSURE SOFTWARE LIMITED, ICOM PRODUCTIONS INC., PATHWAYS TRAINING AND ELEARNING INC., KESSON GROUP INC., KESSON GROUP HOLDINGS LIMITED, KESSON GROUP UK LIMITED, KESSON GROUP ALBANIA SHPK., KESSON GROUP SERVICES, INC., PLURIBUS USA INC., SOCIAL5, LLC and KNOWLEDGE STRATEGIES, INC. o/a TORTAL TRAINING (collectively, the “Applicants” or the “Companies”)

On December 17, 2024, the Applicants sought and obtained an initial order (the “Initial Order”) under the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (the “CCAA”). The Initial Order provides, among other things, a stay of proceedings until December 27, 2024 (the “Stay Period”) and may be extended by the Court from time to time. Pursuant to the Initial Order, B. Riley Farber Inc. was appointed as Monitor (the “Monitor”) of the Companies.

A copy of the Initial Order can be found below.

Sale Process

Pursuant to an Order of the Ontario Superior Court of Justice (Commercial List) (the “Court“), the Monitor, with the assistance of the Companies, is conducting a sale and investment solicitation process (“SISP“) to solicit interest in, and opportunities for, a sale of, or investment in, all or part of the Companies’ assets and business operations.

Potential bidders must submit a binding offer, in the form of a fully executed purchase and sale agreement, by no later than February 18, 2025, at 4:00pm EST.

Relevant documents can be found below.