Public Foreclosure Sale on Assets of Sunlink Corporation

 Projects / Posted 5 months ago by Thomas Karli Reis / 363 views

Multiplier Capital (“Multiplier”) has a security interest in all of the assets of SunLink Corporation (the “Company”). Multiplier intends to foreclose on certain of the assets of the Company and will sell such assets at public auction on April 30, 2019 at the following time and location:

10:00 a.m.
MCA Financial Group, Ltd.
4909 N. 44th Street
Phoenix, AZ 85018

The assets being sold constitute all ten issued Patents and one allowed patent related to photovoltaic panel clamp, photovoltaic module mounting systems and photovoltaic module carrier. They also include all the intellectual property, software / tools (quoting, bidding, project design automation, commissioning application source code, vertex source code, master controller source code, mechanical part drawings, product concept models) related to the design and construction of fixed tilt and intelligent tracker solar mounting solutions for large utility-scale and industrial PV projects.

Sunlink is the #1 leader of fixed tilt mounting systems, representing 43% of the total U.S. market share (as of January, 2018). Sunlink is the only fully integrated solar PV platform and has 2.500MW installed at more than 1,700 sites worldwide.

Bidders may bid for all or part of the assets being sold. Anyone interested in receiving materials about the sale and the assets being sold will be required to sign an NDA and provide Multiplier with sufficient evidence of its/her/his ability to close such sale. Further information will then be provided. Despite the ability to satisfy the foregoing requirements, interested parties may be determined to be ineligible if Multiple has reason to believe that such interested party is seeking information about the Company, with an ulterior motivation. Interested bidders will be able to receive auction rules (upon request) on or after April 5th, 2019.

For additional information, please contact Ken White of MCA Financial Group at (602) 710-2500 or Email: kwhite@mca-financial.com

 

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