PUBLIC NOTICE OF UCC ARTICLE 9 SALE: Sky Gate, LLC

NOTICE OF PUBLIC SALE OF COLLATERAL

PLEASE TAKE NOTICE that in accordance with applicable provisions of the Uniform Commercial Code, as enacted in Illinois and all other applicable jurisdictions (“UCC”), VIBA Ventures, LLC (“Secured Party”), intends to offer for sale, at public auction, all right, title, and interest of Sky Gate, LLC, an Illinois limited liability company (“Debtor”) in, under, and to all assets owned by Debtor, including Inventory, Accounts, Chattel Paper, Documents, General Intangibles, Instruments, Goods, Insurance, Intellectual 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 Debtor operates as a wholesaler of smoke shop products.

The public auction will take place remotely via Zoom on September 30, 2025, at 10:00 a.m. (CDT).

Secured Party’s Counsel:
Allen Shapiro
SWK Attorneys, LLC
500 Skokie Blvd, Suite 600
Northbrook, Illinois 60062

Assets being sold:

• Inventory and supplies used in operations;
• Furniture, fixtures, appliances, and trade equipment;
• Office, recordkeeping, and smoke shop product wholesaler related equipment;
• General intangibles, accounts, contract rights, and intellectual property;
• Software, digital records, and electronic media;
• Goodwill and other business-related assets

(All as defined within the scope of Article 9 of the Uniform Commercial Code)

Secured Party’s understanding, without making any representation or warranty as to accuracy or completeness, is that the assets of Secured Party are located in Bensenville, Illinois.

The Collateral will be sold, as determined in the sole discretion of Seller, at public auction (the “Auction”) to the bidder with the highest or otherwise best bid, for cash except as otherwise provided herein, and on other such commercially reasonable terms as Seller may determine in Seller’s sole discretion. Payment must be received by Secured Party before 5:00p.m.(CDT) on the date of sale, in cash or confirmed wire transfer.

At the Public Sale, Secured Party reserves the right to: (i) credit bid up to the amount of the Debt; (ii) set minimum reserve price(s) for the Collateral; (iii) alter or establish additional bidding procedures and requirements to participate at the Auction; (iv) reject bids, in whole or in part; (v) cancel or adjourn the Public Sale, in whole or in part, without further notice; and (vi) establish the terms and conditions of the Public Sale. Notwithstanding anything to the contrary herein, all terms of the sale and Auction are at the Seller’s discretion.

The Collateral will be sold “AS IS, WHERE IS,” “WITH ALL FAULTS,” and “WITHOUT ANY WARRANTIES WHATSOEVER, EXPRESSED OR IMPLIED, INCLUDING, WITHOUT LIMITATION, A WARRANTY OF MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR OR OTHER PURPOSE” and subject to taxes, special assessments and liens that have been levied or assessed, and/or are unpaid or unsatisfied (none of which will be paid by the Secured Party). The Collateral is being sold without recourse to the Secured Party, or its attorneys or representatives, including SWK Attorneys. The Secured Party and SWK Attorneys make no representation or warranty as to (i) physical, financial, or environmental condition, (ii) existence, validity, or amount of any liens or claims senior or pari passu to that of the Secured Party, or (iii) value of or income produced or that may be produced by the Collateral.

To participate in the Auction and obtain admittance to the Zoom Platform, each prospective bidder must contact the Secured Party as set forth below and provide (i) current contact information, including a mailing address, telephone number, and email address; (ii) such adequate assurances of the bidder’s ability to perform as the Secured Party may reasonably request; (iii) an agreement by the bidder, for itself and its representatives, that the Auction may be recorded; and (iv) the Secured Party may also require a prospective bidder requesting confidential information relating to the Collateral to execute a confidentiality agreement..

Any party interested in bidding at the Auction must register for the same by no later than 10:00a.m. (CDT) on September 29, 2025 by contacting Edith Deanda, SWK Attorneys, 500 Skokie Blvd, Suite 600, Northbrook, Illinois 60062, Tel: 224-260-3084, E-Mail: [email protected]. For additional information regarding the sale terms, Auction, Collateral, due diligence or other inquiries, please contact counsel for the Seller as noted above. Interested parties who do not contact Edith Deanda and qualify prior to the sale will not be permitted to participate in the auction.