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FormerXBC Inc.
730 Industriel Blvd
Phone: (450) 979-8700p:450 979-8700 BLAINVILLE, QC  J7C 3V4  Canada Fax: (450) 979-8700f:450 979-8700

Filed for Protection from its Creditors under the Companies' Creditors Arrangement Act (Canada) on 9/29/2022
On 9/29/2022, Xebec Adsorption Inc., Xebec RNG Holdings Inc., Applied Compression Systems Ltd., Compressed Air International Inc., Xebec Holding USA Inc., Enerphase Industrial Solutions Inc., CDA Systems, LLC, Xebec Adsorption USA Inc., The Titus Company, Nortekbelair Corporation, XBC Flow Services – Wisconsin Inc., California Compression, LLC and Xebec Systems USA, LLC sought and obtained Protection from their Creditors under the Companies' Creditors Arrangement Act from the Quebec Superior Court (Commercial Division), district of Montréal (the "Court").
On 9/30/2022, Xebec Adsorption Inc. (Case #22-10935), Xebec RNG Holdings Inc., Applied Compression Systems Ltd., Compressed Air International Inc., Xebec Holding USA Inc., Enerphase Industrial Solutions Inc., CDA Systems, LLC, Xebec Adsorption USA Inc., The Titus Company, Nortekbelair Corporation, XBC Flow Services – Wisconsin Inc., California Compression, LLC and Xebec Systems USA, LLC filed Chapter 15 Bankruptcy Petitions with the United States Bankruptcy Court for the District of Delaware to obtain the recognition and protection of the US Courts for their CCAA proceedings.
On 6/12/2024, the Chapter 15 cases for all of the above Debtors were terminated with the exception of the case for FormerXBC Inc. (Xebec Adsorption Inc./case #22-10935) which remains open.
This company is no longer actively traded on any major stock exchange.

Business Summary
FormerXBC Inc., formerly known as Xebec Adsorption Inc., is a provider of clean energy solutions for renewable and low carbon gases used in energy, mobility and industrial applications. The Company specializes in the design and manufacture of purification, separation, dehydration and filtration equipment for gases and compressed air. Its main product lines are biogas upgrading systems for the purification of biogas from agricultural digesters, landfill sites and waste water treatment plants, natural gas dryers for natural gas refueling stations, associated gas purification systems which enable diesel displacement on drilling sites, and hydrogen purification and generation systems for fuel cell and industrial applications.
(Source: ARS)

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
6/30/202212/31/2021YesYesYes--

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
President, Chief Executive Officer, Director DimitriosVounassis 51 5/12/2022 5/12/2022
Chief Financial Officer StephaneArchambault 57 11/10/2020 11/10/2020
President, Europe MarinusVan Driel 1/1/2020 1/1/2020
6 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Applied Compression Systems Ltd. 400 Industrial Road A Cranbrook BC Canada
CDA Systems, LLC 410 Longfellow Court Livermore CA United States
California Compression, LLC 4659 Las Positas Road Livermore CA United States
8 additional Subsidiary records available in full report.

Business Names
Business Name
Applied Compression Systems Ltd
California Compression, LLC
CDA Systems, LLC
20 additional Business Names available in full report.

General Information
Outstanding Shares: 154,727,549 (As of 9/8/2022)
Stock Exchange: TSE
Federal Tax Id: 850918495
Fax Number: (450) 979-8700
Email Address: sales@xebecinc.com


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Monday, November 18, 2024