Heritage Global Partners to Conduct Two Major Online Auctions of Cue Health’s Assets
Heritage Global Partners (HGP), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), has been appointed to conduct two major online auctions of Cue Health's assets by order of the US Bankruptcy Court. The auctions feature over 2,000 lots of state-of-the-art equipment from Cue Health, a San Diego-based healthcare technology and Covid-19 testing company.
The first auction, scheduled for August 19-20, 2024, will offer cutting-edge research, development, and laboratory equipment from Cue Health's Carrol Canyon location. The second auction, set for August 27-29, 2024, will include machine tools, packaging and assembly equipment, and facility support assets from Cue Health's manufacturing plant in Vista, CA.
Heritage Global Partners (HGP), una sussidiaria di Heritage Global Inc. (NASDAQ: HGBL), è stata incaricata di condurre due importanti aste online dei beni di Cue Health per ordine del Tribunale Fallimentare degli Stati Uniti. Le aste includeranno oltre 2.000 lotti di attrezzature all'avanguardia provenienti da Cue Health, un'azienda di tecnologia sanitaria e test Covid-19 con sede a San Diego.
La prima asta, programmata per il 19-20 agosto 2024, offrirà attrezzature all'avanguardia per la ricerca, lo sviluppo e i laboratori dalla sede di Carrol Canyon di Cue Health. La seconda asta, prevista per il 27-29 agosto 2024, comprenderà macchine utensili, attrezzature per imballaggio e assemblaggio, e beni di supporto per le strutture provenienti dallo stabilimento di produzione di Cue Health a Vista, CA.
Heritage Global Partners (HGP), una subsidiaria de Heritage Global Inc. (NASDAQ: HGBL), ha sido designada para llevar a cabo dos importantes subastas en línea de los activos de Cue Health por orden del Tribunal de Quiebras de EE. UU. Las subastas presentan más de 2,000 lotes de equipos de última generación de Cue Health, una empresa de tecnología médica y pruebas de Covid-19 con sede en San Diego.
La primera subasta, programada para el 19-20 de agosto de 2024, ofrecerá equipos de investigación, desarrollo y laboratorio de la ubicación de Carrol Canyon de Cue Health. La segunda subasta, programada para el 27-29 de agosto de 2024, incluirá herramientas de máquina, equipos de envasado y ensamblaje, y activos de soporte de instalaciones de la planta de fabricación de Cue Health en Vista, CA.
헤리티지 글로벌 파트너스 (HGP)는 헤리티지 글로벌 Inc. (NASDAQ: HGBL)의 자회사로, 미국 파산 법원의 명령에 따라 큐 헬스 자산의 두 가지 주요 온라인 경매를 실시하도록 임명되었습니다. 이번 경매는 샌디에이고에 본사를 둔 의료 기술 및 Covid-19 검사 회사인 큐 헬스의 최첨단 장비 2,000개 이상의 물품을 포함합니다.
첫 번째 경매는 2024년 8월 19-20일에 예정되어 있으며, 큐 헬스의 캐롤 캐년 위치에서 연구, 개발 및 실험실 장비를 제공할 것입니다. 두 번째 경매는 2024년 8월 27-29일에 열리며, 큐 헬스의 비스타, CA에 있는 제조 공장에서 기계 공구, 포장 및 조립 장비, 시설 지원 자산 등을 포함할 것입니다.
Heritage Global Partners (HGP), une filiale de Heritage Global Inc. (NASDAQ: HGBL), a été désignée pour réaliser deux grandes enchères en ligne des actifs de Cue Health sur ordre du Tribunal américain des faillites. Les enchères proposent plus de 2 000 lots d'équipements de pointe de Cue Health, une entreprise de technologie de santé et de tests Covid-19 basée à San Diego.
La première enchère, prévue pour le 19-20 août 2024, proposera des équipements de recherche, de développement et de laboratoire de l'emplacement Carrol Canyon de Cue Health. La deuxième enchère, prévue pour le 27-29 août 2024, comprendra des outils de machine, des équipements d'emballage et d'assemblage, ainsi que des actifs de soutien aux installations de l'usine de fabrication de Cue Health à Vista, CA.
Heritage Global Partners (HGP), eine Tochtergesellschaft von Heritage Global Inc. (NASDAQ: HGBL), wurde beauftragt, zwei große Online-Auktionen der Vermögenswerte von Cue Health im Auftrag des US-Insolvenzgerichts durchzuführen. Die Auktionen umfassen über 2.000 Lose modernster Ausrüstung von Cue Health, einem in San Diego ansässigen Unternehmen für Gesundheitstechnologie und Covid-19-Test.
Die erste Auktion, die für 19.-20. August 2024 geplant ist, bietet hochmoderne Forschungs-, Entwicklungs- und Laborgeräte von Cue Healths Standort Carrol Canyon an. Die zweite Auktion, die für 27.-29. August 2024 festgelegt ist, wird Maschinenwerkzeuge, Verpackungs- und Montagegeräte sowie Einrichtungsunterstützungsvermögen von der Fertigungsstätte von Cue Health in Vista, CA, umfassen.
- Appointment by US Bankruptcy Court to conduct major asset auctions
- Over 2,000 lots of state-of-the-art equipment available for sale
- Potential for significant interest from buyers across various industry sectors
- High-quality, late-model machinery rarely available on the secondary market
- Assets being sold due to Cue Health's bankruptcy, indicating potential market challenges in the healthcare technology sector
Unique Opportunity by Order of the US Bankruptcy Court (Case # 24-11096-CTG), Featuring Over 2,000 Auction Lots!
The first auction will feature cutting-edge research, development, and laboratory equipment from Cue Health’s Carrol Canyon location in
The second auction will encompass machine tools, packaging and assembly equipment, and facility support assets from Cue Health’s expansive manufacturing plant in
David Barkoff, Senior Vice President at HGP commented, "We are thrilled to bring these assets to the marketplace and are confident these auctions will generate significant interest from buyers across a variety of industry sectors. The high quality and wide applications of the available equipment make this a unique opportunity. These facilities were excellently maintained and feature name-brand, late-model machinery that rarely appears on the secondary market. We look forward to a very successful project.”
Auction Details
Sale #1 – Carroll Canyon Laboratory
Online Bidding Opens: August 19, 2024
Online Bidding Closes: August 20, 2024, starting at 8:00am PDT
Registration and Details: View Catalog and Registration
Sale #2 – Vista Manufacturing Plant
Online Bidding Opens: August 27, 2024
Online Bidding Closes: August 28 and 29, 2024 starting at 8:00am PDT
Registration and Details: View Catalog and Registration
About Heritage Global Partners, Inc. (“HGP”)
HGP is a subsidiary of Heritage Global Inc. (NASDAQ: HGBL). HGP operates under the Industrial Assets business unit and is a full-service auction, liquidation and asset advisory firm which holds a prominent spot in the industrial sectors including Aerospace, Automotive, Aviation, Biotech, Broadcast & Postproduction, Chemical, Electronics Manufacturing, Energy, Food & Beverage, Heavy Construction, Metalworking, Oil & Gas, Pharmaceutical, Plastics, Printing, Real estate, Semiconductor, Solar, Textile & Woodworking, and others. HGP conducts 150-200 auction projects per year, globally.
About Heritage Global Inc. (“HG”)
Heritage Global Inc. (NASDAQ: HGBL) values and monetizes industrial & financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. This aids in facilitating the circular economy by diverting useful industrial assets from landfills and operating an ethical supply chain by overseeing post-sale account activity of financial assets. Specialties consist of acting as an adviser, in addition to acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, real estate, and charged-off account receivable portfolios through its two business units: Industrial Assets and Financial Assets.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240812257103/en/
David Barkoff
650/759.2242
dbarkoff@hginc.com
Investor Relations:
John Nesbett/Jennifer Belodeau
IMS Investor Relations
203/972.9200
InvestorRelations@HGinc.com
Source: Heritage Global Partners
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