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Assets of Subscription Box Services Provider Business

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Assets of Subscription Box Services Provider Business



Price: Not Specified

Other Item Info
Item #: debke_187916
Created: 07/27/2022
Category: Business Property > All Assets or Going Concerns > Support Services
Sale Date: None Set
Seller Info
Ricardo Palacio
Trustee's Attorney
500 Delaware Avenue 8th Floor
Wilmington, DE 19801
302-654-1888
Bankruptcy Info
Case #: 1:22-bk-10626
Case Title: Fanbox Subscription Services, Inc.
Court: Delaware Bankruptcy Court
Chapter: 7
View Case Docket

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Description

Sale of substantially all of assets of Fanbox Subscription Services, Inc. (the “Seller”), including all of the assets, properties, goodwill, rights and claims of Seller, including, without limitation, all subscriber agreements and inventory, and more described in Schedule 1 on the attached PDF.


Additional Details

Purchase Price:The purchase price shall be (i) payment of Ninety Thousand Dollars ($90,000.00) to Seller’s estate, (ii) a cancellation in the amount of approximately Five Hundred Thousand Dollars ($500,000.00) of Kable Distribution Services, Inc. (“Kable”)’s outstanding unsecured loan to Fanbox, and (iii) the assumption of the Assumed Liabilities (collectively, the “Purchase Price”).



Other Information

Terms and Conditions:

See Attached.


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