PLEASE TAKE NOTICE that in accordance with applicable provisions of the Uniform Commercial Code, as enacted in Illinois and all other applicable jurisdictions (“UCC”), ST. CLOUD CAPITAL PARTNERS III SBIC, LP, as agent (“Secured Party”), intends to offer for sale, at public auction, all right, title, and interest of Gizmo Medical, LLC, a Delaware limited liability company (“Debtor”) in, under, and to all assets owned by Debtor (subject to certain exclusions), including Accounts, Chattel Paper, Documents, General Intangibles, Instruments, Goods, Insurance, Intellectual Property, Investment Related Property, Letter-of- Credit Rights, Supporting Obligations, Proceeds of the foregoing property, and all other Collateral, in each case, capable of being sold by Secured Party pursuant to UCC § 9-610 et seq. (collectively, subject to certain exclusions, “Collateral”). The public auction will be conducted on October 2, 2025, at 10:00 a.m. (PT), at the offices of Secured Party, 10866 Wilshire Boulevard, Suite 1450, Los Angeles, CA 90024, and by remote auction via telephonic and/or web-based video conferencing. Qualified bidders may attend and participate at the auction. Secured Party reserves the right to cancel the sale or adjourn the sale to a future date at any time at or prior to the sale. Secured Party further reserves the right, at its election, to designate one or more stalking horse bidders. The Collateral (i) may be sold in one or more lots as Secured Party may determine, (ii) will be sold “as is, where is”, “with all faults” and without any recourse, representation, guarantee, or warranty of any kind, all of which are expressly disclaimed, and (iii) will be sold subject to additional terms of sale. Parties interested in entering a bid must contact Cordell Gee, at 310 475 2700, Ext 108, to receive terms of sale, bidding procedures, and other information, which will be available after execution of a confidentiality agreement. Interested parties who do not contact Cordell Gee and qualify prior to the sale will not be permitted to participate in the auction.
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