ThoughtWire explores sale after debt-fuelled growth strategy fails

Toronto-based ThoughtWire , which sells AI-powered digital twin software to medical service providers, is exploring a sale after entering creditor protection. The news: As first reported by Insolvency Insider , ThoughtWire filed a notice of intention to make a proposal under the Bankruptcy and Insolvency Act in early August. According to court documents , the move came after ThoughtWire failed to rebound from the impact of COVID-19 and the high d e bt burden that it had amassed to fuel its growt