Bankrupt Shot-Maker Gritstone Sells Assets to Hercules, Others

Vaccine maker Gritstone bio Inc. has completed auctions that could lead to asset sales worth near $26 million, according to a notice dated Friday.

• Hercules Capital Inc. successfully bid the company’s machinery and equipment in a credit bid for $3 million
• Future Solutions Investments LLC bid on some intellectual properties in a credit bid for $1.5 million
  • The debtor plans to submit a separate order to confirm the credit of Future Solutions
• Seattle Project Corp. bid on all other assets for $21.25 million
  • That include dozens of designated patents, according to the notice
• A sale hearing will be held on ...