PLEASE TAKE NOTICE that on September 22, 2026, at 1:00 P.M. (CDT) at the offices of Vedder Price P.C., 222 N. LaSalle Street, Suite 2600, Chicago, Illinois 60601 and/or virtually via Zoom or similar software, Maynards Capital LP (“Lender” or “Seller”), pursuant to that certain Loan and Security Agreement dated as of May 31, 2024 (“Loan Agreement”) between Lender and Dexter Stamping Company, LLC (“Debtor”), will hold a public auction as described herein pursuant to Section 9-610 et seq. of the Revised Uniform Commercial Code, as adopted under Delaware law (“Public Sale”). The items to be sold at the Public Sale (the “Collateral”) consist of certain machinery and equipment used by the Debtor in the operation of its business. An itemized listing of the Collateral is available upon request. At Seller’s sole discretion, some and/or all of the Collateral may be sold collectively, individually and/or in various lots.
PLEASE TAKE FURTHER NOTICE the Public Sale is being conducted by the Seller to enforce its rights and remedies under the Loan Agreement pursuant to which the Debtor is indebted to the Lender in an amount of not less than $2,500,000 (the “Secured Indebtedness”).
The Collateral will be sold to the highest bidder for cash. Seller has a stalking horse bid in place for the full amount of the Secured Indebtedness; accordingly, any competing bids will have to exceed that amount.
PLEASE TAKE FURTHER NOTICE the sale will be made on an “As-Is, Where-Is”
basis.
PLEASE TAKE FURTHER NOTICE that any party interested in bidding at the Public Sale must do all of the following: (a) provide a $250,000 deposit with the Seller, (b) comply with any bid procedures promulgated by Seller concerning the Public Sale, and (c) pre-register for attendance at the Public Sale by no later than 5:00 P.M. (CDT) on September 18, 2026, by contacting counsel for Seller, Michael M. Eidelman, Vedder Price P.C., 222 North LaSalle Street, Suite 2600, Chicago, Illinois 60601, Tel: (312) 609-7636; e-mail: [email protected].
For additional information regarding the terms of any Public Sale or the Collateral, or other
inquiries, please contact counsel for the Seller, Michael M. Eidelman, Vedder Price P.C., 222
North LaSalle Street, Suite 2600, Chicago, Illinois 60601, Tel: (312) 609-7636; e-mail: [email protected].
DailyDAC™ is the internet's oldest, most trusted, and most widely used provider of public notices of asset sales and case commencements, and other important notices involving companies in financial distress in the United States and Canada. DailyDAC™ public notices are used by bankruptcy trustees, chapter 11 debtors in possession, federal and state court receivers, assignees for the benefit of creditors, auctioneers, and secured parties disposing of their collateral under the Uniform Commercial Code or other state law trust (and their respective auction firms, law firms, and other agents). Learn more.
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