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Metavine Inc. filed for Chapter 11 bankruptcy on January 3, 2024 in the U.S. Bankruptcy Court for the Central District of California Case No. 2:24-bk-10025-VZ.

Metavine Inc. is the developer of Crowd Machine, an enterprise-grade, no-code platform that enables continuous digital evolution by driving collaborative partnership between the IT department and the business user. The platform Integrates applications and microservices with legacy systems, builds new applications faster and easier with no-code, and delivers speed, security, sophistication, and digital agility like no other platform can.

Please visit https://www.crowdmachine.com/platform-overview/ for an overview of the unique qualities of the platform.

Full notice can be found at https://www.cacb.uscourts.gov/sites/cacb/files/documents/notice-of-sales/LA-24-10025-VZ.pdf

Bid Deadline

The deadline for all bidders to submit their initial bid for the Purchased Assets (“Initial Bid”) is April 19, 2024 at 5:00 p.m. (prevailing Pacific time) (the “Bid Deadline”).  An Initial Bid may be transmitted electronically and must be received on or before the Bid Deadline by B. Riley and the Debtor’s bankruptcy counsel, Levene, Neale, Bender, Yoo & Golubchik L.L.P. (“LNBYG” and, with B. Riley, the “Receiving Parties”).  An Initial Bid received after the Bid Deadline shall not be considered unless the Debtor and B. Riley, for good cause, consent.

Notice of Qualified Bids

By 2:00 p.m. (prevailing Pacific time) on April 22, 2024, B. Riley  shall identify to all Qualified Bidders: (a) each and every Initial Bid that B. Riley  considers to be a Qualified Bid and (b) if more than one Qualified Bid has been timely received, the Qualified Bid that will constitute the Opening Bid at the Auction and the bidding order in which the Auction will be conducted.


If no Qualified Bids are received then the Auction will be deemed automatically cancelled unless the Debtor and B. Riley determine otherwise, in their sole and absolute discretion.  If one or more Qualified Bid is received, the Auction will proceed at 11:00 a.m. (prevailing Pacific time) on April 23, 2024 concurrently with the Sale Hearing at Courtroom 1368, Roybal Federal Building, 255 East Temple Street.

More Information. Jonathan Wernick of B. RILEY FINANCIAL ADVISORY SERVICES. Phone: 213-409-6237 or email: [email protected] Debtor’s proposed financial advisor and sales agent.

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