SAN ANTONIO, Aug. 21, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> -- Pursuant to Section 9-610 of the Uniform Commercial Code, Xevant Holdco, LLC (the “Secured Party”) will hold a secured party public sale to the highest and best bidder, to be conducted virtually via online video conference by the Secured Party on Tuesday, September 1, 2026 at 2p.m PST Time (the “Public Sale”). Qualified Bidders (defined below) may attend the Public Sale virtually. The Secured Party is conducting the Public Sale to foreclose the security interest held by the Secured Party in and to substantially all of the personal property assets of XEVANT, INC., a Delaware corporation, as successor by conversion to Xevant, LLC, a Delaware limited liability company (the “Borrower”) including, without limitation, (i) inventory (“Inventory”), (ii) accounts receivable (“Accounts Receivable”), (iii) all trademarks and trade names, including “Xevant”; domain names owned by Borrower, including xevant.com; the Borrower’s customer list; all software and software licenses to the extent transferable under applicable law and the applicable agreements (collectively, the “Intellectual Property”), (iv) trade fixtures (“Trade Fixtures”); (v) all machinery and equipment owned by the Borrower, but specifically excluding any machinery and equipment financed by Navitas Credit Corp. (the “Equipment”). The Inventory, Accounts Receivable, Intellectual Property, Trade Fixtures, and Equipment excluding assets that are not transferable under applicable law or contract, are collectively referred to as the “Public Sale Collateral”. The Secured Party is conducting the Public Sale to foreclose the lien and security interest held by the Secured Party in and to the Public Sale Collateral. At the Public Sale, all of Borrower’s right, title and interest in and to the Public Sale Collateral will be sold “as is” and “where is” and the Secured Party shall make no representation or warranty, either express or implied, relating to title, use, quiet enjoyment, possession, merchantability or fitness for a particular purpose, completeness, condition or the like, all of which are hereby disclaimed, in the sale or disposition of the Public Sale Collateral. In addition, the Public Sale Collateral is being sold (i) free and clear of the Secured Party’s security interests and all subordinate security interests and liens that are discharged pursuant to Section 9-617 of the Uniform Commercial Code, but subject to any senior liens and any liens, claims, interests, restrictions or obligations that are not discharged by the Public Sale, and (ii) without recourse to Secured Party, its attorneys and representatives. Any disposition of the Public Sale Collateral at the Public Sale shall be to the highest and best bidder. Secured Party is and shall be a qualified bidder and shall be allowed to credit bid amounts due and owing to it by Borrower in connection with any bids it may make with respect to the Public Sale Collateral. As of August 20, 2026, Secured Party is owed no less than $26,811,616.42 plus accrued interest, fees, costs, and expenses (the “Debt”) pursuant to (i) that certain Credit and Security Agreement, dated as of January 13, 2025, among Borrower and Secured Party (as successor and assign to Black Feather Funding Assetco, LLC) and (ii) that certain Loan and Security Agreement, dated as of March 7, 2023, between Borrower and Secured Party. In order to participate in the bidding process, each person or entity (a “Potential Bidder”) must, no later than 4:00 p.m. PST Time on August 31, 2026, deliver to the undersigned (i) an executed confidentiality agreement in form and substance acceptable to the Secured Party, (ii) financial statements or other evidence acceptable to the Secured Party demonstrating its financial ability to purchase the Public Sale Collateral, (iii) a binding term sheet that makes an irrevocable offer to purchase all or part of the Public Sale Collateral, and (iv) a deposit equal to ten percent (10%) of its proposed opening bid, to be held by the Secured Party. A Potential Bidder that timely satisfies such requirements and is notified by the Secured Party that it is qualified shall be a “Qualified Bidder.” The Secured Party may waive or permit the cure of any immaterial deficiency in a commercially reasonable manner. Qualified Bidders will be provided access information for the Public Sale and an opportunity to bid on a competitive basis.  The Secured Party may offer the Public Sale Collateral in one or more individual or combination lots and may also offer all of the Public Sale Collateral as a single aggregate lot. The Secured Party may accept the bid or combination of bids that it determines, in its commercially reasonable judgment, constitutes the highest and best offer for the Public Sale Collateral. Secured Party reserves the right to establish new or revised bidding procedures and requirements. Secured Party also reserves the right to adjourn, continue, or cancel the sale without further notice. Secured Party reserves all of its rights for any and all deficiencies on the Debt remaining due to the Secured Party after the sale of the Public Sale Collateral. Further information concerning the Public Sale Collateral, the requirements for obtaining information and bidding on the Public Sale Collateral can be obtained by contacting counsel for the Secured Party: Leah O’Farrell (lofarrell@btlaw.com) Barnes &amp; Thornburg LLP 3340 Peachtree Road, N.E., Suite 2900 Atlanta, Georgia 30326 (646) 746-2406 or Gregory Plotko (gplotko@btlaw.com) Barnes &amp; Thornburg LLP 390 Madison Avenue New York, New York 10017 (646) 746-2406 <img alt="" src='https://ml.globenewswire.com/media/YTMxYTlmY2MtYTJhZS00YTBjLWI4ZDEtZmM2ZDRkZTM5NmU2LTUwMDE2Njg4Ny0yMDI2LTA4LTIyLWVu/tiny/Xevant-Holdco-LLC.png' referrerpolicy='no-referrer-when-downgrade' />

Amended Notice of Secured Party Public Sale of Personal Property of XEVANT, INC.

Latest news from the world of business and finance – both local and global

MONEY FM 89.3 is Singapore's first and only Business and Personal Finance station, featuring local and international business and financial news.

MONEY FM 89.3

Discover newsletters from our DJs on LinkedIn