PLEASE TAKE NOTICE that on July 8, 2026, at 1:00 p.m. (EST), a public sale (the “Public Sale”) shall be conducted of the personal property of Wrapify, Inc. (the “Debtor”), as described on Schedule “A” below (the “Collateral”).
The Public Sale will be conducted on: July 8, 2026 at 1:00 p.m. Eastern time
Place: Videoconference (bidders to obtain link through contact listed below)
Debtor: Wrapify, Inc., a Delaware corporation
PLEASE TAKE FURTHER NOTICE that the Public Sale is being conducted by Wrapmate, Inc. (the “Secured Party”) to enforce its rights and remedies as Secured Party to sell the Collateral under applicable commercial law and the Secured Revolving Loan Note and related Security Agreement and other loan documents (collectively, the “Loan Documents”), pursuant to which the Debtor is indebted to the Secured Party in an amount of no less than $3,850,133.33 (the “Secured Indebtedness”).
The Collateral will be sold to the highest qualified bidder for cash, or the credit against outstanding indebtedness held by the Secured Party. Please be advised that Secured Party, and any assignees of the Secured Party, reserve their right to credit bid, and may credit bid, at the public sale of the Sale Collateral for the full amount of the Secured Indebtedness.
There will be no warranty made or provided relating to title, possession, quiet enjoyment or the like in connection with the disposition.
To be a qualified bidder, a prospective bidder must, on or before 5:00 p.m. (EST) on June 29, 2026, both: (i) contact the Secured Party at the e-mail address or phone number below and provide contact information and such adequate assurances of bidder’s ability to perform as the Secured Party may reasonably request; and (ii) provide Secured Party with a refundable cash deposit of fifty thousand dollars ($50,000) to secure any bids that the bidder may submit at auction. The Secured Party shall not be required to post any such deposit in order to participate in the auction. All deposits of qualified bidders, other than the successful bidder, will be refunded after the auction. The bidding and auction process will be subject to binding written bid and auction procedures that will be provided to prospective bidders.
Parties interested in participating at the Public Sale as a “qualified bidder” for the Collateral should contact Secured Party (c/o Sean McGann) by e-mail at: [email protected].
Schedule A – Collateral
The “Collateral” shall include all right, title, interest, claims and demands of Debtor in the following: (a) all contract rights and general intangibles, including goodwill; (b) all intellectual property, including patents and patent rights, trademarks and trademark rights, trade secrets, licenses, methods, processes, and records; (c) all goods, equipment, inventory, raw materials, work in process and finished products; (d) accounts, contract rights, royalties, license rights, documents, cash, deposit accounts, certificates of deposit, instruments; and (e) all other personal property of the Debtor, whether tangible or intangible, and proceeds thereof.
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