Uni-Pixel, Inc. filed a motion in the US Bankruptcy Court for the sale of substantially all its assets on October 2, 2017. The debtor seeks the Court’s approval for the sale of substantially all its assets to Future Tech Capital, LLC the stalking horse bidder, for a purchase price of $1.5 million in cash pursuant to the asset purchase agreement dated September 29, 2017. To qualify as a qualified bidder, interested parties should submit their bids by October 31, 2017, along with a cash deposit in the amount of $0.2 million. The initial minimum overbid should be in the amount of at least $1.75 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. Michael C. Abel of McNutt Law Group LLP acted as legal advisor for the debtor.