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𝐅𝐮𝐞𝐥𝐥 𝐚𝐬𝐬𝐞𝐭𝐬 𝐠𝐨 𝐭𝐨 𝐚𝐮𝐜𝐭𝐢𝐨𝐧, 𝐝𝐢𝐬𝐚𝐩𝐩𝐨𝐢𝐧𝐭𝐢𝐧𝐠 𝐜𝐫𝐨𝐰𝐝𝐟𝐮𝐧𝐝 𝐛𝐚𝐜𝐤𝐞𝐫𝐬
Fuell Inc., known for its Flluid 2 and Flluid 3 e-bikes, is auctioning its remaining assets following Chapter 7 bankruptcy. The company raised nearly $1.5 million through crowdfunding but faced backlash from backers after the bankruptcy trustee opted to abandon unsold assets. A Wisconsin judge has approved the auction, prioritising payments to the auction house and landlords before any proceeds reach creditors. Source: https://www.bicycleretailer.com/industry-news/2025/08/08/fuell-assets-go-auction-disappointing-crowdfund-backers
Lior Bazak - Founder and CEO of Green Speedy
#GreenSpeedy #ebike #sustainabletransport #micromobility #urban-mobility
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