TOYRF
DOCA - Dead of Company Arrangement Executed.
Toys"R"Us ANZ Limited (Subject to Deed of Company Arrangement) (ASX: TOY) (TOY or Company)
refers to its announcement on 7 July 2025 in relation to the second creditors meeting where creditors
considered a proposal received from Directed Electronics Australia Pty Ltd to acquire all of the shares in the Company pursuant to the terms of a deed of company arrangement (DOCA).
The creditors of the Company resolved to execute the DOCA. The DOCA was executed on 31 July
2025.
The key terms of the DOCA include:
All the Company's issued shares being transferred to Directed Electronics Australia Pty Ltd subject to Court granting leave under section 444GA of the Corporations Act 2001 (Cth) and relief being granted by ASIC;
๏ท
Establishment of a Creditors' Trust Deed;
Replacement of officers of the Company;
De-listing of the Company from ASX.
$toyrf #toyrf
GG NO RE ๐
๐๐SPECULATIVE BUT HIGHLY ******* COMPELLING DD PART 2๐๐
SOURCE
https://t.co/CYJdYWCmLQ
PLR-109146-22
Number: 202426005
HIDING IN PLAIN SIGHT SINCE JUNE 28, 2024 ๐
CHEF'S KISS TRANSLATION ๐
๐งโ๐ผ BABY DADDY leads Bed Bath & Beyond in ๐จ๐ฆ
๐ต Americans have regular shares
๐ Company moves from Canada ๐จ๐ฆ โ USA ๐บ๐ธ
โ Old shares disappear
๐๏ธ New Class A and B shares created
๐ Shareholders receive new shares
๐ Original shareholder proportions and rights remain the same in the emerging entity
Again, here is the link again to the IRS PRIVATE LETTER RULING.
https://t.co/CYJdYWCmLQ
LFG EVERYONE! WE GOT THIS!!!!!!!
@foxenflask@ThePPseedsShow@mochabear69420@dirtevader@BobbyCat42@jake2b@ftwbiz@Hey_ross@nobles305@BBBY_Bondholder@PhantomBlack699@driver61d1@MiserableFly4@aaajade@buddhazoid@moonracker7447@SearsReloaded@DominosJack
A lot of hidden gems in plain sight in this IRS PRIVATE LETTER RULING. There is WAYYY more I could've gone into here with this one. I'm intentionally keeping it simple and accessible.
But please, anyone, feel free to chime in if anything needs correction or clarification. I think I captured the โค๏ธ of it though ๐ฏ
Remember, hive mind works best when we collaborate.
One last time, here is the link to the filing in case you need it:
https://t.co/CYJdYWCmLQ
๐ SOON I HOPE
@ryancohen
ARE WE THERE YET ๐
The case against the former directors was just discontinued with prejudice today ๐
It looks like they settled ๐จ
https://t.co/Ki6iaO5Y66
$BBBY $BBBYQ ๐ดโโ ๏ธ๐