Hipcricket, Inc. (f/k/a Augme Technologies, Inc. & Modavox, Inc.) Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On March 13, 2015, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Hipcricket, Inc. (f/k/a Augme Technologies, Inc. & Modavox, Inc.) and its affiliates.

The filing was assigned docket number 225 and is described on the court’s official docket as follows:

Motion to Shorten Notice and Schedule an Interim Hearing With Respect to Motion of Debtor for Entry of Interim and Final Orders (I) Authorizing the Debtor To (A) Obtain Replacement Postpetition Secured Financing; (B) Utilize Cash Collateral; and (C) Pay Certain Related Fees and Charges; (II) Scheduling a Final Hearing; and (III) Granting Related Relief [ Requested Interim Hearing Date: March 18, 2015 at 10:00 A.M.; Requested Objection Deadline: March 17, 2015 at 4:00 P.M.] (related document(s)[224]) Filed by Hipcricket, Inc., a Delaware Corporation. (Attachments: # (1) Exhibit A – Proposed Order) (O’Neill, James)

Hipcricket, Inc. (f/k/a Augme Technologies, Inc. & Modavox, Inc.) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 20, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 15-10104. The bankruptcy case is currently assigned to United States Bankruptcy Judge Laurie Selber Silverstein. The law firm of Pachulski Stang Ziehl & Jones LLP is acting as lead bankruptcy counsel to Hipcricket, Inc. (f/k/a Augme Technologies, Inc. & Modavox, Inc.) in the bankruptcy case.


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