On September 11, 2026, at 9:00 a.m. Pacific Time, via video conference, a public sale (the “Public Sale”) will be conducted of substantially all assets constituting collateral (the “Sale Assets”) of Debtor (defined below), in accordance with Section 9-610 of the New York Uniform Commercial Code and other applicable law. Access details will be provided to qualified bidders.
The debtor and certain of its subsidiaries (collectively, “Debtor”) is a healthcare data analytics and integration business that provides software, equipment, and related services for surgical and perioperative use. Its installed base of devices and equipment at hospital sites captures and supplies the data underlying these scalable, higher-margin services. The business serves an established customer base and derives revenue from recurring subscriptions, service arrangements, and equipment-related offerings.
The Public Sale is being conducted by the secured party (“Secured Party”) to enforce its rights in the collateral under a secured term loan facility (“Facility”). Debtor granted Secured Party a security interest in the Sale Assets to secure the secured obligations under the Facility. The secured obligations outstanding as of the Public Sale date will be not less than $55,000,000.
The Sale Assets consist primarily of substantially all assets of Debtor, including inventory, intellectual property and other general intangibles and other personal property collateral. Additional information will be made available upon request to qualified bidders, subject to customary non-disclosure agreements and bid procedures.
The Sale Assets may be sold in one or more lots, on an “AS IS, WHERE IS” basis, with all faults and without recourse or any representation or warranty, express or implied, as to the Sale Assets, including as to title, value, condition, merchantability or fitness. The Public Sale will be for cash, credit against outstanding indebtedness under the Facility, or other consideration subject to Secured Party’s prior approval in Secured Party’s discretion, and subject to commercially reasonable bid procedures and other requirements, which will be available upon request. Interested parties must submit a bid, proposed asset purchase agreement, and proof of ability to fund no later than September 9, 2026, at 2 p.m. Pacific Time (the “Bid Deadline”). Secured Party intends to sell the Sale Assets to the qualified bidder submitting the highest or otherwise best bid, as determined according to Secured Party’s valuation, at the Public Sale. Secured Party reserves the right to credit bid for some or all of the Sale Assets and to modify the terms, conditions, or procedures for the Public Sale, withdraw all or any portion of the Sale Assets, or continue the Public Sale to a future date for any reason.
Any inquiries regarding the Public Sale or the Sale Assets should be directed to the sale agent [email protected] by the Bid Deadline.
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