PLEASE TAKE NOTICE THAT on April 11, 2023, at the hour of 10:00 a.m., Pacific Daylight Time, Mr. Ian Cruise, as successor secured creditor (“Secured Creditor”) of Carlson Wireless Technologies Inc. (“Borrower”), will hold a public foreclosure sale via Zoom under Section 9-610 of the Uniform Commercial Code as adopted in California from time to time (“UCC”), of all of the personal property collateral pledged to Secured Creditor under the parties’ Loan and Security Agreement, as amended (“Collateral”). The Borrower is in the business of TV White Space technology, providing broadband data to remote areas via the unused parts of the UHF TV spectrum. The Collateral includes, without limitation:
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 reserves the right to establish 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 public sale. Secured Creditor also reserves the right to adjourn, continue or cancel the public sale without further notice. Qualified bidders may be permitted to submit written bids in advance or participate in the public sale via conference call. Any parties interested in further information about these assets, or who wish to bid or obtain Zoom or conference call login information, should contact the counsel for the Secured Creditor as set forth below:
James A. Shepherd
LAW OFFICES OF JAMES SHEPHERD
2121 N. California Blvd, Suite 290
Walnut Creek, CA 94596-7531
(925) 954-7554
[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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