The assets of Metavine Inc. will be sold in a Chapter 11 sale. The company is the developer of Crowd Machine, an enterprise-grade, no-code platform that enables continuous digital evolution by driving collaborative partnership between the IT department and the business user. The platform Integrates applications and microservices with legacy systems, builds new applications faster and easier with no code, and delivers speed, security, sophistication, and digital agility like no other platform can. Bids must be submitted on April 19th at 5:00 pm PT. The auction will be held on April 23rd at 11:00 am PT. For more information, read the full public notice here on DailyDAC.

The assets of Ribon Therapeutics Inc. will be sold in a UCC Article 9 sale. Ribon Therapeutics Inc. is a clinical-stage biopharmaceutical company involved in the development of novel small molecules targeting stress support pathways in cancer and inflammation using a proprietary platform technology. The company has discontinued all material operations as of the date hereof. Bids must be submitted by May 3rd at 5:00 pm ET. The sale will be held on May 9th at 12:00 pm ET via online videoconference. For more information, read the full public notice here on DailyDAC.

Secured creditors and buyers of distressed assets don’t have to worry about courts limiting their credit bids, but one Delaware case is cause for concern. Read more in the article The Fisker Case: My Credit Bid Capped at the Amount I Paid for the Debt? by Jonathan T. Brand.