Advanced Sports – Court Approves Auction Results and Asset Purchase Agreements Relating to Aggregated $23.0mn Sale Price

February 6, 2019 – The Court hearing the Advanced Sports case issued an order [Docket No. 505] approving the Debtors’ sale of assets pursuant to three separate asset purchase agreements, (i) the Asset Purchase Agreement between the Debtors and BikeCo, LLC (“BikeCo,” wholly owned by Tiger Capital Group, LLC (“Tiger”) and Advanced Holdings Co., Ltd….