Voxtur Analytics Corp. Initiates Court-Supervised Restructuring Process to Strengthen Financial Position and Support Long-Term Growth
TORONTO and TAMPA, Fla., Nov. 10, 2025 (GLOBE NEWSWIRE) -- Voxtur Analytics Corp. (TSXV: VXTR; OTC PINK: VXTRF) ("Voxtur" or the "Company"), a North American technology company creating a more transparent and accessible real estate lending ecosystem, today announced that the Company and certain subsidiaries and affiliates, iLOOKABOUT (US) Inc., iLOOKABOUT Inc., MTAG Paralegal Professional Corporation, Voxtur Settlement Services, LLC, Appraisers Now Ltd., Voxtur Analytics US Corp., Appraisers Now US, LLC, Blue Water Financial Technologies Holding Company, LLC, Blue Water Financial Technologies, LLC, Blue Water Financial Technologies Services, LLC, Municipal Tax Equity Consultants Inc., MTE Paralegal Professional Corporation, Commonwealth USA Settlements, LLC, Voxtur Settlement Services of Alabama, LLC, Voxtur Settlement Services of Arkansas, LLC, Voxtur Title Agency, LLC, Legend Title Company, LLC, Voxtur Technologies US Inc., Orange & Blue Holdings 3.0, LLC, Orange & Blue Holdings 4.0, LLC, Orange & Blue Holdings 5.0, LLC, Valuation Vision, Inc., Voxtur Valuation, LLC, and Clarocity, Inc. (collectively with the Company, the "Voxtur Group"), sought and obtained an order (the "Initial Order") from the Ontario Superior Court of Justice (Commercial List) (the "Court") under the Companies' Creditors Arrangement Act (the "CCAA"). The Company intends to file cases under Chapter 15 of Title 11 of the United States Code seeking recognition of the CCAA proceeding within the territorial jurisdiction of the United States to restructure its financial affairs.
The Initial Order includes, among other things: (i) a stay of proceedings in favour of the Voxtur Group; (ii) approval of the DIP Loan (as described below); and (iii) the appointment of PricewaterhouseCoopers Inc. as monitor of the Voxtur Group (in such capacity, the "Monitor").
As previously disclosed, the Company initiated a process in January 2025 to identify, examine and consider strategic and financial options available to the Company. Following such process and after careful consideration of all available alternatives, and consultation with legal and financial advisors, the directors of the Company determined that it was is in the best interests of the Company to file an application for creditor protection under the CCAA.
