other_material
confidence high
sentiment negative
materiality 1.00
Marizyme transfers all assets via assignment for benefit of creditors; files under Florida Chapter 727
MARIZYME, INC.
- Company entered Assignment for Benefit of Creditors on April 14, 2026, transferring all assets to Assignee Peter Hurwitz.
- Company is unable to pay debts as they become due; intends to file under Florida Chapter 727 by April 17, 2026.
- Assignee will liquidate assets and distribute proceeds to creditors pro rata in accordance with Florida Statutes § 727.114.
- Board determined transfer of all or substantially all assets was in best interests; CEO David Barthel authorized the agreement.