PUBLIC NOTICE OF UCC SALE: Algorithmic Intuition, INC

NOTICE OF PUBLIC SALE OF PERSONAL PROPERTY ASSETS OF ALGORITHMIC INTUITION, INC. UNDER UNIFORM COMMERCIAL CODE

PLEASE TAKE NOTICE THAT on December 30, 2024, at the hour of 1:00 p.m. Central Time, Advantage Capital Development Fund XXXIII, LLC, NCF Sub-CDE 13, LLC, KHC New Markets CDE, LLC and Bizcapital Bidco I, L.L.C. (collectively, the “Secured Creditor”) as secured creditor of Algorithmic Intuition, Inc. (the “Borrower”) will hold a publicly advertised foreclosure sale via Zoom under Section 9-610 of the Uniform Commercial Code of all of the personal property collateral pledged to Secured Creditor, including, without limitation, intellectual property and software, contract rights, machinery and equipment, inventory, accounts receivable, tax refunds, general intangibles, commercial tort claims and all other personal property assets, other than any collateral specifically excluded by Secured Creditor in its discretion.  The Borrower is generally in the business of providing an ADL Care service facilitating continued independent living through connected reporting of vitals, daily activities and emergency events.

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 publicly advertised sale.  One or more of the lenders may take title to the assets through a nominee, which may include a jointly owned nominee among the lenders.  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 Zoom 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]