Deal facts
- Buyer
- Prime Delta Corp.
- Target
- ALT 5 Sigma Canada, Inc.
- Deal value
- USD 12,000,000
- Announced
- 3 August 2026
- Status
- Completed
- Sector
- Technology
- Country
- Canada
- Consideration
- loan-note, shares
Sources
Prime Delta Corp. has agreed to acquire the assets of ALT 5 Sigma Canada, Inc. in a transaction valued at approximately USD 12 million. The deal, which was announced on 3 August 2026, involves consideration structured through a combination of loan notes and shares. This asset sale represents a significant move within the technology sector, as the US-based buyer seeks to expand its operational footprint by integrating the Canadian target’s business units. The headline offer price reflects the agreed value for the specific assets being transferred, providing a clear financial metric for the transaction despite the low confidence rating associated with the reported figure.
The transaction was completed swiftly, closing on 7 August 2026, just four days after the initial announcement. This rapid execution suggests a streamlined approval process and mutual alignment between the parties involved. The acquisition marks the end of ALT 5 Sigma Canada, Inc. as an independent entity within its previous corporate structure, as its assets are now fully integrated into Prime Delta Corp.’s portfolio. The deal underscores the ongoing consolidation trends in the technology industry, where larger firms continue to acquire specialized assets to enhance their market position. The transaction is now final and complete.
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1 update- CompletedClosed
Prime Delta Corp. completes acquisition of ALT 5 Sigma Canada, Inc.
Item 1.01 Entry into a Material Definitive Agreement. On August 3, 2026, AI Financial Corporation, a Nevada corporation (“we” or “us”), sold its indirect, wholly-owned subsidiary, ALT 5 Sigma Canada, Inc., a Quebec corporation, to Prime Delta Corp., a Delaware corporation (“Prime”). The sale price consisted of two components: a Secured $12 million Promissory Note (the “Note”) and 11,551,750 restri
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Buyer history
Prime Delta Corp.
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