PUBLIC NOTICE OF ASSET SALE: Cliq Products, Inc

PUBLIC NOTICE OF ASSET SALE OF CLIQ PRODUCTS, INC. SOLICITATION OF OVERBIDS

Asset Sale of Innovator of Low-profile Collapsible Chairs – Including Brand Intellectual Property, Design Patents and Inventory

The assets of outdoor consumer goods company Cliq Products, Inc. (“Cliq”), specializing in collapsible portable chairs are offered for sale. The asset sale will be conducted by Insolvency Services Group, Inc. in its capacity as Assignee for the benefit of Cliq’s creditors.

Cliq is an outdoor brand best known for its design patented “bottle-sized” folding chairs. Engineered for spontaneity and adventure, its chairs pack down small, set up in seconds and are built to last. The business launched as a crowdfunding campaign in 2018 and has since created a strong brand following, with the majority of its sales through e-commerce. Cliq reported peak revenue of $14.3MM in 2023, $8.9MM for 2024 and $2.8MM YTD revenue through June of 2025.

Sale Assets include U.S. based inventory, all rights to Cliq’s intellectual property and general intangibles, including product designs, patents, domain names, registered trademarks, social media accounts and other miscellaneous assets.

A stalking horse offer for the Sale Assets has been accepted. Insolvency Services Group, Inc. is now soliciting overbids in an amount not less than $1,630,000, which may be followed by competitive bidding thereafter. Upon execution of a Non-Disclosure Agreement, interested parties will be given access to a data room which includes further information on Cliq’s assets, bidder’s form of Asset Purchase Agreement and Auction Procedures.

Qualified Overbids are Due by 5:00 P.M. PST, on August 27, 2025. Successful Bidder must be prepared to close on its purchase by August 31, 2025. Bid qualification, deposit requirements and other terms and conditions will be as specified in the Auction Procedures.

Visit Cliq’s website at www.cliqproducts.com for further product information.

To obtain a presentation deck and to request Non-Disclosure Agreement required for data room access, please contact:

Carly Valdez
[email protected]
(714) 376-8152