Unique Fabricating (UFAB) Prices 2.35M Common Stock IPO at $9.50/Share

Unique Fabricating, Inc. (NYSE: UFAB) announced the pricing of its initial public offering of 2,350,000 shares of common stock at a public offering price of $9.50 per share, before underwriting discounts and commissions. All of the common stock is being offered by Unique Fabricating. In addition, Unique Fabricating has granted the underwriters a 30-day option to purchase up to an additional 352,500 shares of common stock from the company at the public offering price. The shares are expected to begin trading on the NYSE MKT on July 1, 2015 under the ticker symbol "UFAB." The offering is expected to close on July 7, 2015, subject to customary closing conditions.

Roth Capital Partners and Taglich Brothers, Inc. are acting as joint book-running managers for the offering. National Securities Corporation is acting as co-manager for the offering.

We intend to use the net proceeds to us from this offering to repay the approximate $13.13 million principal amount of our 16% senior subordinated note, together with accrued interest, as of January 4, 2015. We will use proceeds remaining after payment of the 16% senior subordinated note, including any proceeds we receive if the over-allotment option is exercised by our underwriter, to temporarily reduce borrowings under the revolver portion of our senior secured credit facility.

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