StrongRoom AI debt transfer points to imminent sale
A newly registered company linked to a Brisbane pharmacy group has become the secured holder of a seven-figure loan made to StrongRoom AI last year.
Debt previously owed to a lender of StrongRoom AI has been transferred to a newly-registered company, regulatory filings show, indicating the sales process for the collapsed medtech startup may be nearing a conclusion.
An organisation named SRSPV, which was registered with ASIC on April 14, on Tuesday became the holder of StrongRoom AI debt previously owed to Paddington Street Finance.
SRSPV was registered by Joe Zhou, ASIC filings show, founder of Ace Specialty Pharmacists, a trio of boutique medical facilities in Queensland.
“I currently run Aceso Group which operates the Ace Pharmacy Brand,” Zhou told Capital Brief. “StrongRoom would be a strategic partner for Ace and we are exploring our options at this time.”
