PUBLIC NOTICE OF 363 SALE: WaterIQ

Notice Of Sale

Opportunity to acquire company that has developed a proprietary and proven, chemical-free ultrasonic solution to control harmful algae in freshwater environments. Company has strong sales momentum in both US and South America.

1. Asset(s) Being Sold: Substantially all assets of the company

2. Situation Background: WaterIQ voluntarily filed for Chapter 11 on April 24, 2025 (Case #25-20159). The company had defaulted on its secured and the secured lender had commenced foreclosure proceedings. The Debtor is conducting a 363 sale, and the secured lender has made a Stalking Horse Bid for $1.7 million.

3. The nature of the business of the Company whose assets are being sold: Water treatment technology company that has developed a proprietary and proven chemical-free ultrasonic solution to control harmful algae in freshwater environments. Its advanced technology disrupts algae growth without harming aquatic life, beneficial bacteria, or phytoplankton—offering a sustainable and scientifically validated alternative to chemical treatments. The company targets a $5 billion global addressable market that spans drinking water utilities, wastewater treatment plants, industrial facilities, municipalities, agriculture, aquaculture, and homeowners’ associations.

4. Bid Deadline: June 18, 2025, subject to Bankruptcy Court Approval

5. Time/Date Sale: Auction, if any, June 20, 2025, subject to Bankruptcy Court Approval

6. Name or Industry of the Company Whose Assets are Being Sold: Water Treatment Technology : Manufacturing Algae Control Solutions

7. For More Information: Rob Slingerland at [email protected] or Douglas Charboneua at [email protected]