Other Assets from Failed Banks
SEALED BID SALE ANNOUNCEMENT
FDIC as Receiver for Signature Bridge Bank, N.A.
All Cash Asset Sale
Signet Trademarks & Other Related Assets
SIGS2-23
| Timeline (Dates are Subject to Change) |
|
|---|---|
| Due Diligence Available | May 31, 2023 |
| Bid Deadline | June 8, 2023 |
| Close Date | June 14, 2023 |
The Federal Deposit Insurance Corporation (FDIC) in its capacity as Receiver for Signature Bridge Bank, N.A. is proposing a competitive sealed-bid sale of the registered trademarks (including Signet and Signet Clearing) and trademark applications of Signotam, LLC and other related assets. The assets will be offered in two pools. The size and composition of the pools are subject to change. Prospective bidders may elect to bid on either or both pools.
Pool Overview: The pools consist of registered trademarks and trademark applications of Signotam, LLC, which is a wholly-owned subsidiary of the Signature Bridge Bank, N.A. receivership (with FDIC as receiver), and other Signet related assets.
Prospective Bidder Inquiries and Contacts: All inquiries or contacts regarding the proposed sale are to be directed to the FDIC’s Financial Advisor (Newmark). For more information, please contact:
Attention: John Howley
Telephone: (703) 918-0246
E-mail: john.howley@nmrk.com
Attention: Robert Griffin
Telephone: (617) 863-8611
Email: robert.griffin@nmrk.com
Attention: Josh King
Telephone: (212) 850-5427
E-mail: josh.king@nmrk.com
Attention: Adam Spies
Telephone: (212) 850-5420
Email: adam.spies@nmrk.com
General inquiries may be directed to: NewmarkSBBPortfolio@nmrk.com
This Sealed Bid Sale Announcement does not constitute an offer to sell or a solicitation of an offer to buy, any intellectual property or other assets, including any interest therein. Information concerning the intellectual property and other assets referred to herein will be furnished only to persons who demonstrate necessary qualifications, including a level of financial sophistication and resources sufficient to evaluate and bear the risks of an investment in the intellectual property and other assets referred to herein. The intellectual property and other assets referred to herein are offered “AS IS” and without any representations or warranties of any kind whatsoever by any entity except as is expressly provided in the legal agreements governing the transaction.