Dougherty's Holdings, Inc. filed a motion in the US Bankruptcy Court for the sale of its certain assets on November 21, 2019. The debtor seeks the Court’s approval for the sale of its certain assets through a public auction having a purchase price of $3.5 million. The debtor’s assets include assets relating to it's pharmacies. To qualify as a qualified bidder, interested parties should submit their bids by January 9, 2020, along with good-faith deposit in the amount of $0.18 million. The debtor has scheduled an auction on January 10, 2020.. At the auction, the subsequent bids would be in increments of $0.1 million. The stalking horse bidder would not be entitled to any break-up fee in case of termination of the asset purchase agreement. The sale hearing is scheduled for January 17, 2020.