The US Bankruptcy Court gave an order approving the bidding procedures relating to the sale of substantially all assets of Uni-Pixel, Inc. on October 17, 2017. Future Tech Capital, LLC is designated as the stalking horse bidder, for the sale of debtor’s substantially all assets for a purchase price in the amount of $1.50 million in cash. To qualify as a qualified bidder, interested parties should submit their bids by October 31, 2017, and are required to submit a good faith deposit in the amount of $0.20 million. The initial minimum overbid should be in the amount of at least $1.65 million. The debtor has scheduled an auction on November 2, 2017. At the auction, the subsequent bids would be in increments of $0.03 million. The stalking horse bidder would be entitled to a break-up fee of $0.08 million in case of termination of the asset purchase agreement. The sale hearing is scheduled for November 2, 2017.