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UpMeals Food Innovations Ltd., NOI

UpMeals Food Innovations Ltd. (formerly known as UpMeals Technologies Inc.), a British Colombia-based company which delivers nutritious and sustainably-packaged meals via integrating catering and technology, filed an NOI on March 10 listing approximately $3.2 million in liabilities.
UpMeals utilizes AI technology to craft tailored healthy meal programs and deliver packaged meals via SmartVending machines, retail locations and corporate platforms.
The company decided to file an NOI amid the enforcement actions taken by its judgment creditors, owed approximately $800 thousand, which caused liquidity issues.
Grant Thornton is the proposal trustee.
Counsel is McEwan Partners for the company and Stikeman Elliott for the proposal trustee.