Lendified Holdings Inc.

Recent News

  • Lendified Provides Update on the Sale of Secured Assets

    Toronto, Ontario--(Newsfile Corp. - January 18, 2023) - Lendified Holdings Inc. (TSXV: LHI) (the "Company" or "Lendified") announced today that, further to the Company's news releases dated November 23, 2022 and December 15, 2022, the Company has been advised by its secured creditors of the sale of the secured assets that were seized by such creditors under the Personal Property Security Act (Ontario) for gross proceeds of $1,470,703.98. Such assets largely consist of loan portfolios. Following the sale of such...

    2023-01-18 6:11 PM EST
  • Lendified Provides Corporate Update

    Toronto, Ontario--(Newsfile Corp. - December 15, 2022) - Lendified Holdings Inc. (TSXV: LHI) (the "Company" or "Lendified") announced today that, further to the Company's news release dated November 23, 2022, certain secured creditors of its wholly-owned subsidiaries, Lendified Privco Holding Corporation, Lendified Inc, Castle Return Inc. and WPCFP SPV Inc. (collectively, the "Subsidiaries"), will be appointing a receiver over all of the assets of the Subsidiaries and initiating proceedings under the Bankruptcy and Insolvency Act (Canada) and the Personal Property...

    2022-12-15 3:32 PM EST
  • Lendified Reports Third Quarter Results

    Toronto, Ontario--(Newsfile Corp. - November 28, 2022) - Lendified Holdings Inc. (TSXV: LHI) ("Lendified" or the "Company") is pleased to announce its financial results for the third quarter ended September 30, 2022. The Company's interim financial statements for the three and nine months ended September 30, 2022 and the related management discussion and analysis can be found under the Company's profile on www.sedar.com.ABOUT LENDIFIED HOLDINGS INC.Lendified, a company located in Ontario, Canada, is a Canadian company operating a lending platform...

    2022-11-28 5:41 PM EST
  • Lendified Announces Receipt of Demand Letters and Notices of Enforcement of Security

    Toronto, Ontario--(Newsfile Corp. - November 23, 2022) -  Lendified Holdings Inc. (TSXV: LHI) (the "Company" or "Lendified") announced today that its wholly-owned subsidiaries, Lendified Privco Holding Corporation, Lendified Inc, Castle Return Inc. and WPCFP SPV Inc. (collectively, the "Subsidiaries"), have received demand letters of repayment (the "Demand Letters") dated November 22, 2022 and notices of intention to enforce a security (the "Notices") under section 244(1) of the Bankruptcy and Insolvency Act (Canada) (the "BIA") from certain secured creditors with respect...

    2022-11-23 11:53 AM EST
  • Lendified Announces Resignation of Directors

    Toronto, Ontario--(Newsfile Corp. - October 17, 2022) - Lendified Holdings Inc. (TSXV: LHI) (the "Company" or "Lendified") today announces that each of Mr. Peter Ostapchuk and Mr. Kevin Dane has informed the Company of their resignation from the Company's board of directors effective immediately. Lendified wishes to express its appreciation to Mr. Ostapchuk and Mr. Dane for their services to the Company and wishes them the best in their future endeavours.ABOUT LENDIFIED HOLDINGS INC. Lendified, a company located in Ontario,...

    2022-10-17 8:21 AM EDT
  • Lendified Announces Advance Under Its Credit Facility

    Toronto, Ontario--(Newsfile Corp. - September 15, 2022) - Lendified Holdings Inc. (TSXV: LHI) (the "Company" or "Lendified") is pleased to announce closing of an advance in the amount of $500,000 under the Company's non-revolving, secured term loan in the aggregate amount of up to $10,000,000 pursuant to a credit agreement entered into between the Company's wholly-owned subsidiary and certain lenders (the "Credit Facility"), as previously announced on April 5, 2021, May 14, 2021 and August 17, 2021. As of the...

    2022-09-15 7:22 PM EDT
  • Lendified Reports Second Quarter Results

    Toronto, Ontario--(Newsfile Corp. - August 30, 2022) - Lendified Holdings Inc. (TSXV: LHI) ("Lendified" or the "Company") is pleased to announce its financial results for the second quarter ended June 30, 2022. The Company's interim financial statements for the three and six months ended June 30, 2022 and the related management discussion and analysis can be found under the Company's profile on www.sedar.com.Business Highlights:During the quarter ended June 30, 2022, the Company originated $0.50 million in loans.The Company continued to...

    2022-08-30 8:51 PM EDT
  • Lendified Announces Common Share Subscription Agreement with Investor

    Toronto, Ontario--(Newsfile Corp. - August 17, 2022) - Lendified Holdings Inc. (TSXV: LHI) (the "Company" or "Lendified") is pleased to announce that it has entered into a Common Share Subscription Agreement (the "Subscription Agreement") with a third-party investor in the Company (the "Investor"). The Subscription Agreement allows the Company to issue and sell up to $10,000,000 of common shares in the capital of the Company (the "Common Shares"), not to exceed such number of Common Shares that would cause the...

    2022-08-17 5:53 PM EDT