On February 23, 2024, the Court issued an Order extending the Stay Period until June 13, 2024 and a Claims Process Order.

On January 23, 2024, the Monitor issued its certificate confirming the closing of the sale transaction pursuant to the RVO. As such, Wholesale Express is no longer subject to CCAA proceedings. In keeping with the RVO, and as more fully outlined in the RVO, the assets and liabilities of Wholesale Express not otherwise assumed as part of the transaction have been transferred to ResidualCo 1 and ResidualCo 2, namely 15695651 Canada Inc. and 15695724 Canada Inc., which have replaced Wholesale Express as debtors in these CCAA proceedings.

On January 12, 2024, the Court approved the sale of Wholesale Express pursuant to an Approval and Reverse Vesting Order (the “RVO”).

On December 28, 2023, the Court issued an Amended and Restated Initial Order.

On December 20, 2023, the Commercial Division of the Quebec Superior Court of the District of Montreal (the "Court") issued an order (the "First-Day Initial Order") pursuant the Companies' Creditors Arrangement Act ("CCAA") in respect of 13517985 Canada Inc., doing business as Wholesale Express (“Wholesale Express”).