Darwynn Announces Court-Approved SISP and $7.5 Million Stalking Horse Bid
TORONTO, ON CANADA / April 17, 2026 / Darwynn Ltd. (“Darwynn” or the “Company”) today announced that the Ontario Superior Court of Justice (Commercial List) (the “Court”) has granted an order (the “SISP Order”) in the Companies’ Creditors Arrangement Act proceedings, which, among other things: (a) approved a sale and investment solicitation process (the “SISP”); and (b) approved a “Stalking Horse Bid” from the Company’s largest shareholder, 2379338 Ontario Inc. (“237 Ontario”). The SISP intends to solicit interest …
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