News

3D printing/bitcoin trade show operator to liquidate

Mecklermedia Inc., a company that runs trade shows for the 3D printing, robotics and bitcoin industries, has announced it plans to liquidate its assets and dissolve its business.

December 28, 2015

Mecklermedia Inc., a company that runs trade shows for the 3D printing, robotics and bitcoin industries, has announced it plans to liquidate its assets and dissolve its business, according to a press release.

The company made this decision due to health challenges of the CEO and failure to raise capital and find an acquirer, according to the press release. The company expects that all money gained from the sale of its assets will used to pay its creditors.

"We are extremely disappointed to suspend operations but the market for our trade shows has not developed as fast as we expected it would," said Alan Meckler, Mecklermedia CEO. "At this time, the company continues to work with its financial and legal advisers and is considering various methods of liquidation, all in an effort to maximize the value of company assets."