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Wednesday, October 2, 2024

Moecker Auctions, Inc. Chosen by Trustee Robert Furr to Liquidate $18 Million+ in Property from Electriq Energy Holdings Ch. 7 Chapter


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Fort Lauderdale-based Moecker Auctions, Inc. has been engaged by Trustee Robert Furr to liquidate in extra of $18 million in belongings ensuing from the Chapter 7 chapter filings of Electriq Energy Holdings, Inc. (NYSE/OTC:ELIQ) and Electriq Energy, Inc. In 2023, Electriq Energy Holdings, Inc. merged with a public firm based mostly in West Palm Seashore, FL.

“We predict robust curiosity from consumers as a result of explosive progress of the worldwide power storage market,” mentioned Michael Shirinian, Director of Operations at Moecker Auctions, Inc. “In line with consultants, turnkey power storage methods are in excessive demand globally.”

Objects to be auctioned embrace intensive lithium-ion battery strains, photo voltaic panels, FF&E, proprietary software program, and different mental property. Bids are being accepted for a bulk buy (all belongings) and by product line (i.e., battery line, software program, IP, and many others.). Negotiations are already underway with potential consumers. Along with photo voltaic panels, the stock consists of roughly 20,000 lithium-ion batteries for residence photo voltaic system battery backups. The manufacturers are CATL, High Band, and Kohler which within the business are excessive finish lithium-ion batteries. Along with residence use, these similar batteries can be utilized in EV automobiles, EV scooters and EV marine, RV and motor houses. For extra data, name Michael Shirinian at Moecker Auctions at 954-252-2887 or e mail: mshirinian@moeckerauctions.com.

The bid deadline is Monday, July 1, 2024 at 5:00 pm EST. A digital knowledge room will probably be made obtainable and the digital stay public sale is Monday, July 8, 2024 at 10:00 am EST.

Electriq Energy Holdings, Inc. filed Chapter 7, a voluntary petition for aid within the U.S. Chapter Court docket, Southern District of Florida on Might 3, 2024 with Decide Mindy A. Mora presiding. Based in 2014 in Silicon Valley, the corporate supplied turnkey clever power storage and administration options for houses and small companies.

With workplaces in Fort Lauderdale, Orlando, Tampa, and Jacksonville, Moecker Auctions, Inc. is licensed, bonded, and totally insured and maintains a employees of skilled personnel to manage and facilitate its operations. With over 60 years of mixed expertise, Moecker Auctions presents a novel method to auctions, liquidations and value determinations. For extra data, go to www.moeckerauctions.com.

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