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NextPoint Financial Inc
500 Grapevine HWY,, Suite 402
Phone: (604) 631-3300p:604 631-3300 HURST, TX  76054  United States Ticker: NACQQNACQQ

Filed for Protection from its Creditors under the Companies' Creditors Arrangement Act (Canada) on 7/25/2023
On 7/25/2023, NextPoint Financial, Inc. and certain other related entities ("Applicants") sought and obtained an initial order of Protection from their Creditors from the Supreme Court of British Columbia (the "Court") under the Companies' Creditors Arrangement Act R.S.C. 1985, c. C-36, as amended ("CCAA"). The Initial Order provides, among other things, a stay of proceedings which may be extended from time to time. Pursuant to the Initial Order FTI Consulting Canada Inc. was appointed Monitor of the Applicants.
On 7/26/2023, NextPoint Financial, Inc. (Case #23-10983) and certain other related entities filed Chapter 15 Bankruptcy Petitions in the U.S. Bankruptcy Court for the District of Delaware seeking recognition of the CCAA proceedings.

Business Summary
NextPoint Financial Inc. is a Canada-based company that offers a marketplace for financial services targeting consumers and small businesses. The Company operates through three segments: Liberty Tax, LoanMe and Community Tax. The Liberty Tax segment provides income tax services in the United States of America (U.S) and Canada. The LoanMe segment is a specialty finance lender in the U.S, and engaged in the business of originating, acquiring, and marketing unsecured consumer installment loans to individuals and businesses. The Community Tax segment is in the business of tax debt resolution at both the federal and state level as well as other tax related services. The Company’s subsidiaries include NextPoint Holdco LLC; NPLM Holdco LLC; LoanMe, LLC; LoanMe Funding, LLC; LM Retention Holdings LLC; LM BP Holdings LLC; JTH Court Plaza LLC; LTS Properties LLC; Liberty Tax Service Inc. Canada; CTAX Acquisition LLC; Community Tax Puerto Rico LLC; and Community Tax LLC among others.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
3/31/202212/31/2021Yes-Yes--

Industries
SIC Code Description
7291 Tax return preparation services
6141 Personal credit institutions

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chief Executive Officer, Director BrentTurner 7/1/2021 7/1/2021
President - Tax TedDemarino
Chief Legal & Compliance Officer GhaziDakik
5 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
LoanMe, LLC 1900 South State College Blvd. Anaheim CA United States
JTH Tax LLC 1209 Orange Street Wilmington DE United States
Community Tax LLC 17 North State Street Chicago IL United States
3 additional Subsidiary records available in full report.

Business Names
Business Name
.CTAX Acquisition LLC
.LoanMe Trust Prime 2018-1
360 Accounting Solutions, LLC
34 additional Business Names available in full report.

General Information
Number of Employees: 633 (As of 12/31/2021)
Outstanding Shares: 20,734,399 (As of 3/31/2022)
Stock Exchange: OTC
Federal Tax Id: 844560818


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Sunday, June 23, 2024