---
schema_version: "secwatch.filing_event.v1"
accession: "0001617669-23-000013"
form_type: "8-K"
ticker: null
cik: "0001617669"
company_name: "Unique Fabricating, Inc."
filed_at: "2023-03-24T23:59:59+00:00"
generated_at: "2026-06-17T16:40:24.063245+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Unique Fabricating receives default notice from lender; $44.1M outstanding, automatic advances halted

## Summary
- Default declared for failure to repay $44.1M principal by Feb 17, 2023 repayment date.
- Agent Citizens Bank halted automatic revolving credit advances as of March 23, 2023; future advances at lender discretion.
- Lenders reserve all rights and remedies under loan documents, law, and equity; no waiver of defaults.
- Borrowers include Unique Fabricating NA, Inc. and Unique-Intasco Canada, Inc., with subsidiaries as guarantors.

## SEC filing metadata
- accession: 0001617669-23-000013
- form_type: 8-K
- cik: 0001617669
- company_name: Unique Fabricating, Inc.
- filed_at: 2023-03-24T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.04, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1617669/000161766923000013/0001617669-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1617669/000161766923000013/ufab-20230323.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001617669-23-000013
- JSON: https://secwatch.observer/filing/0001617669-23-000013.json
- Plain text: https://secwatch.observer/filing/0001617669-23-000013.txt

## Key facts
- Debt Financings
  Unique Fabricating, Inc. reported a default on credit facility of $44.1 million with Citizens Bank, N.A. maturing February 17, 2023.
  - Instrument: credit facility
  - Principal: $44.1 million
  - Counterparty: Citizens Bank, N.A.
  - Maturity: February 17, 2023
  - Event: default
  source text: terms of the loan documents, at law or in equity to protect their interests, as determined by the Agent and the Lenders in their sole discretion. As of March 23, 2023, there was $44.1 million principal outstanding under the Credit Agreement, including under the revolving line of credit, term loans and capital expenditure loans. The summary of the Notice does not
  evidence_url: https://www.sec.gov/Archives/edgar/data/1617669/000161766923000013/0001617669-23-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.