Optronic Asset Sale – Intellectual Property, Inventory and Other Associated Assets – Complete Company Closures
Optronic – Orion Telescopes & Binoculars, Meade Instruments and Coronado Solar Telescopes Assignment for the Benefit of Creditors Offering
Ongoing
Due Diligence Period Ends
December 13, 2024
LOCATION
Watsonville, CA
SALES MEMORANDUM
Offering Memo
Assignment for the Benefit of Creditors
Onyx Asset Advisors, LLC. (“ONYX”) is pleased to announce that we have been formally engaged as the exclusive sales agent for Optronic ABC, LLC (referred to hereafter as “Optronic”) to market and sell the company’s assets. The offering includes, but isn’t limited to, the three main brands owned and operated by Optronic: Orion Telescopes & Binoculars, Meade Instruments and Coronado Solar Telescopes, and their associated intellectual property, inventory and other assets.
DUE DILIGENCE PERIOD NOVEMBER 26-DECEMBER 13, 2024. NDA REQUIRED FOR DATA ROOM ACCESS.
For more information or to schedule an inspection please contact:
Paul Buie – pbuie@thinkONYX.com