This is a public record generated listing.
Equity Interests in Cybersecurity Company
Listing Information
Attachments
Equity Interests in Cybersecurity Company
Price: Not Specified
Other Item Info
Item #: nysbke_312902
Created: 07/27/2022
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: Fri. Sep 23, 2022
Created: 07/27/2022
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: Fri. Sep 23, 2022
Seller Info
Joshua Sussberg
Debtor's Attorney
601 Lexington Avenue
New York, NY 10022
(212) 446-4800
Debtor's Attorney
601 Lexington Avenue
New York, NY 10022
(212) 446-4800
Bankruptcy Info
Case #: 1:22-bk-10964
Case Title: Celsius Network LLC
Court: New York Southern Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Celsius Network LLC
Court: New York Southern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Auction Sale of the equity interests in non-Debtor GK8 Ltd. (“GK8” and, such equity interests, the “GK8 Assets”), which are wholly-owned indirectly by Seller Celsius Network Limited through its wholly-owned non-seller subsidiary Celsius Network IL Ltd. GK8 is a non˗seller subsidiary of the sellers that provides a digital, self-custody platform for financial and crypto institutions to securely manage and store blockchain-based assets.
Financial Overview
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Additional Details
- Auction Time: 10:00 a.m.
- Sale Hearing Held on September 29, 2022.
- Bid Increment: $500,000
- Bid Deposit: 10% of the increased purchase price
- Bid Deadline: September 21, 2022
- Last date to respond: September 26, 2022