AUBURN HILLS, Mich.—Unique Fabricating Inc. has closed its previously announced initial public offering of common stock at a public offering price of $9.50 a share.
The company's stock began trading July 1 on the NYSE MKT market under the ticker symbol “UFAB.”
Unique Fabricating engineers and manufactures multi-material foam, rubber and plastic components utilized in noise, vibration and harshness management for the automotive and industrial appliance markets.
The underwriters for the initial public offering exercised in full their option to purchase an additional 352,500 shares of common stock from the company at the public offering price, according to a company statement. As a result, 2,702,500 shares of common stock were sold by the company in the initial public offering.