Exclusive: E-bike maker SONDORS up for sale as company enters receivership
Right after a series of financial setbacks , adopted by an Electrek exposé revealing the unsuccessful Metacycle electric powered bike challenge, e-bicycle maker SONDORS has appeared to enter receivership. The research is now on for a purchaser who can scoop up the enterprise and its belongings. Electrek has reviewed paperwork despatched out by Rock Creek Economic Advisors (RCFA) indicating that an RFCA agent has been appointed as receiver of SONDORS, Inc. and that the enterprise is getting presented for sale together with its belongings. RCFA describes alone on its web site as specializing in �vising and functioning businesses by point out controlled Assignment for the Advantage of Lenders (ABCs), which are a speedier, much less expensive, and a lot less publicized insolvency continuing that makes it possible for a enterprise to drop its liabilities in a expense helpful method, provide the belongings of the enterprise and wind-down the enterprise by the Rock Creek