Sale being conducted under a Delaware State
Court liquidation proceeding
NEW
YORK, July 25, 2024 /PRNewswire/ -- IPv4.Global
by Hilco Streambank (IPv4.Global), the world's largest IPv4
marketplace, announced today that it is seeking offers to buy
up to 180,000 IPv4 addresses held by StackPath. StackPath is a
well-known edge computing firm being liquidated in an Assignment
for the Benefit of Creditors proceeding in the Court of Chancery of
the State of Delaware. The IPv4
Address blocks total over 180,000 IPv4 addresses, including blocks
ranging from /16 to /24.
Indications of interest to acquire the assets are being
solicited by IPv4.Global. The sale is being conducted on behalf of
an Assignee for the Benefit of Creditors, StackPath ABC, LLC, a
Delaware Series LLC of DSI ABCs, LLC ("DSI"), a well-known
restructuring and insolvency consulting firm. DSI is authorized to
negotiate with interested parties and, if an indication of interest
is acceptable, may enter into a transaction.
IPv4.Global is the leading IPv4 broker worldwide, having
successfully monetized more than 65 million IPv4 addresses,
generating more than $1.3 billion
dollars for its clients around the world. IPv4.Global sells
IP Addresses both through its online auction marketplace and
private brokerage.
IPv4.Global's Executive Vice President Jack Hazan commented, "This is a great
opportunity to pick up a large bundle of IPv4 addresses through a
transparent process, which is the hallmark of our company. Given
the existing strong demand for IPv4 addresses on our marketplace,
we are confident it will be a quick sales process."
Interested parties can learn more on its website,
IPv4.Global, or contact IPv4.Global directly at
sales@IPv4.Global.
IPv4.Global Deal
Team
|
Jack Hazan
EVP
jhazan@hilcoglobal.com
|
Syd Dufton
VP of Sales
sdufton@hicoglobal.com
|
Ceasar Sitt
Account
Executive
csitt@hilcoglobal.com
|
About IPv4.Global: IPv4.Global, a division of Hilco
Streambank, is the most trusted IPv4 marketplace in the world. We
operate the only transparent, public marketplace to ensure our
buyers and sellers get the most value for their transactions. Our
multi-tiered platform, backed by the most experienced team of
transfer analysts, facilitates transactions of varying IPv4 block
sizes, ranging from small public to large private transactions.
IPv4.Global provides credible, transparent services to our buyers
and sellers, making it the most trusted marketplace worldwide.
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SOURCE IPv4.Global