UNIFI INC — Form 10-Q
Filed November 4, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 78/100
What the filing says
Unifi Inc. (via Unifi Manufacturing) executed a Fourth Amendment to its credit agreement with Wells Fargo Bank, Bank of America, and First National Bank, effective October 28, 2026. The amendment permits a 'Permitted Yadkin County Disposition'—sale of three Yadkin County, North Carolina properties (W-1 Property, Enovum Building Condominium Unit, and Enovum Mebane Land totaling ~63.8 acres and buildings)—to Enovum Data Centers Corp. for minimum net proceeds of $50,000,000, required by December 31, 2026. The company may also dispose of up to $4,000,000 in machinery/equipment within six months. Lenders subordinated their liens to a Right of First Offer granted to Enovum. Term Loan must be paid in full from sale proceeds. The amendment grants Enovum a right of first offer on the Unifi Mebane Property.
Why this rating
~94% of company's $53M market cap tied to asset sale. High refinancing risk, but structured; outcome depends on Dec 2026 closing and market conditions then.
Price action (we called it neutral)
before filing · preread $6.02 ▲ 0.67% | at our read · unknown $5.98 | +10 min · unknown $5.95 ▼ 0.50% | +30 min · unknown $5.91 ▼ 1.17% | +1 hr · unknown $5.83 ▼ 2.51% | +4 hrs pending |
The stock had already moved -0.66% between hitting EDGAR and our read finishing — deltas above are measured from our read.
Quotes via Yahoo Finance at capture time; for filings arriving outside market hours the clock starts at the next open. Not investment advice. How accurate are our calls? →
See more from November 4, 2026.
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