Alberta · NOI
Application of Ignite Alliance Corp. dated February 23, 2026
Application / notice of application · 23 February 2026
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing5 verified · 1 withheld
- courtCOURT OF KING'S BENCH OF ALBERTA
- court file no25-3336652
- applicantIgnite Alliance Corp.
- statutory basissection 50.4(9) of the Bankruptcy and Insolvency Act
- secured creditorsnote: Facility limit only; document does not disclose the actual pre-filing outstanding balance owing to ATB. The post-filing 'Priority Lender's Charge' (up to $460,000 plus interest/fees) secures only advances made after the Filing Date under the approved Cash Management System/Operating Bulge and does not secure any pre-filing obligation. · page: 5 · as of: NOI filing date (February 20, 2026) · debtor: Ignite Alliance Corp. · creditor: ATB Financial · currency: CAD · security: Existing operating line of credit (the 'Operating Facility') with a maximum principal amount of $700,000, provided under a pre-existing ATB Loan Agreement and governed by a Fourth Forbearance Amending Agreement dated effective February 20, 2026; cash management/sweep arrangement applies deposits to reduce the outstanding balance
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.