Unifi agrees to sell Yadkin County real estate to Enovum for $60.0 million
Subsidiary Unifi Manufacturing, Inc. agreed on August 16, 2026 to sell industrial and manufacturing buildings and land in Yadkin County, North Carolina, to Enovum Data Centers Corp. for a $60.0 million cash price. The filing says net proceeds will repay part of the term loans under the company's existing credit agreement, and closing depends on conditions that include an energy study and separation approvals.
Key points
- Buyer is Enovum Data Centers Corp., a Canadian corporation; the Purchase Agreement is dated August 16, 2026.
- Cash purchase price is $60.0 million; a $2.25 million earnest money deposit goes into escrow, and $1.0 million may become non-refundable if the buyer extends the inspection period.
- The inspection period expires September 15, 2026 unless the buyer extends it; closing is scheduled 45 days after that expiration unless accelerated.
- Net book value of the transferred property was less than $5.0 million as of June 28, 2026; proceeds will repay part of the term loans under the Second Amended and Restated Credit Agreement dated October 28, 2022, with Wells Fargo Bank, Nati
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 17, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.