Alberta · NOI
Trustee's Report on Preliminary Administration dated July 10, 2026
Court officer report · 10 July 2026
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What we verified from this filing7 verified
- cash on handnote: Represents the Base Purchase Price paid by MNP, less disbursements and distributions paid by the Proposal Trustee during the NOI proceedings. · as at: 2026-06-20 · amount: 1709235 · currency: CAD · qualifier: approximately
- closing confirmedscope: the Purchased Assets · outcome: completed · effective: 2026-05-08 · purchaser: MNP Digital Inc. · date basis: stated · approval order date: 2026-04-23
- financial positionnote: Total liabilities stated as 'in excess of $9.80 million'; total assets not stated as a single figure - components per SOA: cash on hand of approximately $1,709,235 (Base Purchase Price less disbursements/distributions during NOI proceedings) and accounts receivable (Closing AR) with book value of approximately $954,866. · as at: 2026-06-20 · basis: Statement of Affairs (SOA) as at June 20, 2026, based on unaudited financial information from the Debtor · scope: entity - Ignite Alliance Corp. · currency: CAD · total liabilities: 9800000
- operational summaryIgnite 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.
- purchaserMNP Digital Inc.
- report date10 July 2026
- sale outcometext: the MNP Transaction closed · scope: whole_business · status: closed