DailyDAC
Share this...

PUBLIC NOTICE OF UCC ARTICLE 9 SALE: Veil Global Technologies, Inc

NOTIFICATION OF DISPOSITION OF COLLATERAL

To: Persons Specified in Uniform Commercial Code Section 9-611(c) and Interested Members of the Public
From: Crescent Cove Capital II, LP (“Secured Party”)
c/o Finestone Hayes LLP, Attorneys for the Secured Party
Attn: Jennifer C Hayes, 456 Montgomery Street, Suite 1300, San Francisco CA 94104
(415) 616-0466; [email protected]
Name of Debtor: Veil Global Technologies, Inc., fka Advocado, Inc. (the “Debtor”)
The Secured Party and/or its assignee or designee will sell the Collateral described below to
the highest qualified bidder in public as follows:
Date: May 30, 2025
Time: 10:00 a.m. PT
Place: Remote sale via Zoom

Please contact Jennifer Hayes at [email protected] for the Zoom instructions by no later than 12:00 p.m. PT on May 28, 2025.

1) Bidding:
At the auction, Secured Party and/or its assignee or designee has the right to credit bid up to the amount of the debt owed to the Secured Party, which is no less than $6,970,121 (the “Secured Debt”).

The minimum initial overbid is the amount of the Secured Debt plus $50,000, or $7,020,121.

The bid price must be paid in certified check or cashier’s check payable to the order of Crescent Cove Capital II, LP or the assignee or designed specified by the Secured Party or its assignee or designee at the auction.

Twenty-five percent of the successful bid price must be paid in full at the time of sale and the balance must be paid within three business days of the sale. If the successful bidder defaults on the balance, the Secured Party may retain the initial deposit and, at the Secured Party’s option, sell to the next highest bidder, including itself, pursuant to its credit bid rights.

Secured Party reserves the right to bid part or all of the amount secured by the Collateral being sold without a certified check or cashier’s check as required for other bidders. The Secured Party reserves the right within three business days of the completion of the bidding to reject all bids that it, in its sole discretion, determines are not a higher qualified bid than the amount of the Secured Debt that the Secured Party credit bid to purchase the Collateral.

The Secured Party reserves the right to adjourn the sale to another date without further publication or notice, by giving notice at the time of the sale.

If the Secured Party accepts a qualified bid as the highest qualifying overbid, the successful overbidder will receive a Secured Party Bill of Sale of the interest of the Secured Party in the Collateral purchased, subject to the terms hereof. The Secured Party makes no representations or warranties as to the condition of the Collateral and the sale is “as is”, where is and with all faults, subject to any and all taxes, liens, claims or encumbrances. There is no warranty as to title, possession, or otherwise in this disposition.

2) Description of Collateral to be sold:
All of the Debtor’s right, title, and interest in and to the following assets:
(a) Accounts;
(b) Books;
(c) Chattel Paper;
(d) Commercial Tort Claims;
(e) Deposit Accounts;
(f) Equipment;
(g) Fixtures;
(h) General Intangibles;
(i) Inventory;
(j) Investment Property;
(k) Intellectual Property and Intellectual Property Licenses;
(l) Negotiable Collateral;
(m) Pledged Interests (including all of Debtor’s Pledged Operating Agreements and Pledged
Partnership Agreements);
(n) Securities Accounts;
(o) Supporting Obligations;
(p) money, Cash Equivalents, or other assets of Debtor that now or hereafter come into the
possession, custody, or control of Agent (or its agent or designee) or any Noteholder; and
(q) all of the Proceeds and products, whether tangible or intangible, of any of the foregoing, including proceeds of insurance or Commercial Tort Claims covering or relating to any or all of the foregoing, and any and all Accounts, Books, Chattel Paper, Deposit Accounts, Equipment, Fixtures, General Intangibles, Inventory, Investment Property, Intellectual Property, Negotiable Collateral, Pledged Interests, Securities Accounts, Supporting Obligations, money, or other tangible or intangible property resulting from the sale, lease, license, exchange, collection, or other disposition of any of the foregoing, the proceeds of any award in condemnation with respect to any of the foregoing, any rebates or refunds, whether for taxes or otherwise, and all proceeds of any such proceeds, or any portion thereof or interest therein, and the proceeds thereof, and all proceeds of any loss of, damage to, or destruction of the above, whether insured or not insured, and, to the extent not otherwise included, any indemnity, warranty, or guaranty payable by reason of loss or damage to, or otherwise with respect to any of the foregoing (the “Proceeds”). Without limiting the generality of the foregoing, the term “Proceeds” includes whatever is receivable or received when Investment Property or proceeds are sold, exchanged, collected, or otherwise disposed of, whether such disposition is voluntary or involuntary, and includes proceeds of any indemnity or guaranty payable to any Grantor or Agent from time to time with respect to any of the Investment Property.

The sale will be conducted in accordance with the provisions of the New York Uniform

Commercial Code, pursuant to the Senior Secured Note by and between Debtor and Secured Party, dated on or about November 17, 2021.

The Debtor is entitled to an accounting of the unpaid indebtedness, which shall be provided free of charge.

As set forth above, the Secured Party reserves the right to adjourn the sale to another date without further publication or notice, by giving notice at the time of the sale.

Please contact Jennifer C. Hayes, Finestone Hayes LLP ([email protected]; (415) 616-0466), attorneys for Secured Party, for further information.

VIA FEDERAL EXPRESS OR EMAIL, IF LISTED DEBTOR

Veil Global Technologies, Inc. fka Advocado, Inc. 1000 Clark Avenue, Suite 300 St. Louis, MO 63102

3) UCC PARTIES
Global Horizons, LLC
Attn: Manager – 50 Maryland Plaza, Suite 300 St. Louis, MO 63108
Global Horizons, LLC via email to [email protected]
Global Horizons, LLC via email to [email protected]
Koplar Interactive Systems International, LLC
Attn: Robert Koplar – 50 Maryland Plaza, Suite 300 St. Louis, MO 63108
Kantar LLC
Attn: Manager – 3333 Warrenville Road, Suite 400 Lisle, IL 60532-1462
Kantar LLC via email to [email protected]
Kantar LLC via email to [email protected]

About DailyDAC

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.

Many sales of distressed companies and distressed business assets are not widely advertised. If you are buyer of such companies or assets, you may be well served by becoming a paying subscriber to Distressed Deal Data™. Find out more.

The DailyDAC Editors
>