Ignite Alliance Corp., an IT services provider offering video conferencing, cybersecurity, audio-visual, analytics and unified communications services with roughly 50 full-time employees, filed a notice of intention on February 20, 2026 under sections 50.4(1) and 50.4(9) of the Bankruptcy and Insolvency Act, after pre-filing refinancing efforts and the Kluane Sale Process proved unsuccessful. The proceedings are before the Court of King's Bench of Alberta, Judicial Centre Calgary. On April 23, 2026 the Court approved a sale of the business to MNP Digital Inc., with the purchased assets to vest only on delivery of the Proposal Trustee's closing certificate. The Confidential Affidavit and Confidential Supplement have been sealed. Cumulative receipts of $1,109,000 are recorded. The proceeding remains active.
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The officer filed a report. Ignite sold substantially all of its business and assets to MNP under the APA, terminated its employees, and is now a wound-down estate under the Trustee's administration, with recovery focused on collection of the outstanding Closing AR by MNP.
Canada Revenue Agency · in 926 casesDeemed trust class claim, listed as secured; Preliminary list of creditors as at February 20, 2026, without admission as to any liability or privilege. — debtor: Ignite Alliance Corp. · as of 20 Feb 2026
MNP Digital Inc.the Company's right, title and interest in and to the purchased assets described in the APA (the "Purchased Assets") · asset sale · agreement 8 Apr 2026
Closing termsVesting occurs upon delivery of the Proposal Trustee's Closing Certificate to the Purchaser (or its nominee), confirming payment of the Purchase Price and satisfaction of closing conditions.Sale Approval and Vesting Order dated April 23, 2026
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
Sale Approval and Vesting Order dated April 23, 2026
Closing termsVesting occurs upon delivery of the Proposal Trustee's Closing Certificate to the Purchaser (or its nominee), confirming payment of the Purchase Price and satisfaction of closing conditions.
Order date23 April 2026
PurchaserMNP Digital Inc. · the Company's right, title and interest in and to the purchased assets described in the APA (the "Purchased Assets") · asset sale · approved
Sale outcomeSale approved — The Transaction is hereby approved and execution of the APA by Ignite is hereby authorized and approved
Second Report of the Proposal Trustee dated April 15, 2026
Operational summaryIgnite is an IT services provider with ~50 full-time employees, offering video conferencing, cybersecurity, audio-visual, analytics, and unified communications services, seeking a sale of its business to MNP Digital Inc. through NOI proceedings under the BIA following unsuccessful pre-filing refinancing and the Kluane Sale Process.
First Report of the Proposal Trustee dated February 26, 2026
Operational summaryIgnite currently operates as an information technology (IT) services provider, offering video conferencing solutions, cybersecurity services, audio-visual technologies, analytics, unified communications, and other related IT services.
Cash on hand · Professional fees · Receipts cumulativeSubscribers
Sources last checked · summary updated 5 August 2026 · Report a correction · Printed from proceedings.ca/case/ignite-alliance-corp
Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.