Fundz

Unique Fabricating, Inc. Announces Agreement For Financing With Lenders And Investors

PRIVATEOct 04, 2022

Round Type

Funding Round

Auburn HillsManufacturing

Description

AUBURN HILLS, MI / October 4, 2022 / Unique Fabricating, Inc. (NYSE American:UFAB), a leader in engineering and manufacturing multi-material foam, rubber, and plastic components utilized in noise, vibration, and harshness management and air/water sealing applications for the transportation, appliance, medical, and consumer/off-road markets, today announced that it has reached agreement with its bank lenders and with certain existing equity investors. The agreement with investors provides $3 million in debt financing, as described below. The Company's bank lenders have agreed to certain amendments to its existing credit facility, including allowing the Company to raise up to $4 million of additional debt financing

Who else raised in Manufacturing around the same time

Companies in the same sectors as Unique Fabricating, Inc. that raised within 45 days of this round, from Fundz verified event records.

  • Fun Wine Company, Inc raised $2.5M (Seed) on November 18, 2022.
  • AMFG raised $8.5M (Funding Round) on November 18, 2022.
  • North American Wave Engine Corp raised $3.5M (Seed) on November 18, 2022.
  • MedX Health raised an undisclosed amount (Convertible Note) on November 18, 2022.
  • Astera Labs raised $150M (Funding Round) on November 17, 2022.
  • Soft Robotics raised $26M (Series C) on November 17, 2022.

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Company Information

Company

Unique Fabricating, Inc.

Location

800 STANDARD PARKWAY

Auburn Hills, Michigan, United States

About

Unique Fabricating, Inc. was founded in 1975 delivering non-metallic die-cut part solutions for acoustic, sealing, and BSR (buzz, squeak, rattle) applications. Today, we have expanded our leadership position into additional markets: appliance, industrial, HVAC, and commercial water heater. We offer a wide-range of engineered molded and die-cut solutions. These unique technologies are available from an unmatched North American manufacturing footprint, which includes locations in the United States, Mexico, Canada and partnerships in Europe and South East Asia. Our influential presence in multiple markets makes us a destination for customers looking to source innovative, lightweight, lower cost value added components.

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Unique Fabricating, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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