PLEASE TAKE NOTICE THAT on July 7, 2026 at the hour of 2:00 p.m. Central Time, Core Industrial Finance & Capital LLC (“Secured Creditor”) as secured creditor of Geo T. Schmidt, Inc. (the “Obligor”), located in Niles, Illinois, will hold a publicly advertised foreclosure sale via a virtual platform under Section 9-610 of the Uniform Commercial Code of all of the personal property collateral pledged to Secured Creditor, including, without limitation, Accounts, Chattel Paper, Deposit Accounts, Documents, Electronic Chattel Paper, Equipment, Machinery, Fixtures, General Intangibles, Goods, Instruments, Inventory, Investment Property, Payment Intangibles, Pledged Deposits, Receivables, Securities, Software, Supplies, Supporting Obligations, Tooling, Computer Servers, Computers and Monitors, Tool Holders, Carts, Work Benches and Work Tables, Bills of Materials, Builds of Materials, Work Instructions, Drawings, Specifications, Computer Programs, and other personal property and proceeds or products of any of the foregoing, other than any collateral specifically excluded by Secured Creditor in its discretion. The Obligor is generally in the business of designing, building and marketing advanced engraving and marking systems for identification and traceability, including laser marking, pin marking, press marking and roll marking equipment and devices.
The sale will be held on a “where is, as is” basis, without any representations and warranties, express or implied. There is no warranty relating to title, possession, quiet enjoyment, access or the like in this disposition. Secured Creditor intends to offer the assets as a single lot. Secured Creditor reserves the right to designate sublots.
Secured Creditor reserves the right to establish other reasonable bidding procedures and to have potential bidders demonstrate their ability to perform and close to the reasonable satisfaction of Secured Creditor. Secured Creditor reserves the right to credit bid or to increase any credit bid price at the public sale. Secured Creditor also reserves the right to adjourn, continue or cancel the publicly advertised sale without further notice. Qualified bidders may be permitted to submit written bids in advance or participate in the publicly advertised sale via a virtual conference call.
Any parties interested in further information about these assets should contact the counsel for the Secured Creditor as set forth below.
Robert E. Richards
DENTONS US LLP
233 South Wacker Drive, Suite 5900
Chicago, Illinois 60606
(312) 876-7396
[email protected]
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