Last $0.60 USD
Change Today +0.19 / 46.34%
Volume 30.1K
UMAM On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

umami sustainable seafood in (UMAM) Key Developments

Umami Sustainable Seafood Inc. announced delayed 10-Q filing

On 02/18/2014, Umami Sustainable Seafood Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Umami Sustainable Seafood Inc. announced delayed 10-Q filing

On 11/14/2013, Umami Sustainable Seafood Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Umami Sustainable Seafood Inc. Announces Management Changes

Umami Sustainable Seafood Inc. On August 16, 2013, Umami Sustainable Seafood Inc. appointed Timothy Fitzpatrick to serve as Chief Executive Officer of the company, effective immediately. In connection with his appointment as Chief Executive Officer, Mr. Fitzpatrick will step down from his position as Chief Financial Officer of the company, effective August 16, 2013. Also on August 16, 2013, the company's Board of Directors appointed Mr. Fitzpatrick to serve as a director of the Board, effective immediately. Mr. Fitzpatrick served as the Company's Chief Financial Officer since January 5, 2012. He was general counsel of Mindray Medical International Limited, a medical device company, from September 2006 to June 2011. Prior to joining Mindray, Mr. Fitzpatrick worked as an attorney in the United States and Hong Kong.

Baja Aqua Farms SA de CV Enters into a $64 Million Credit Facility

On June 26, 2013, Umami Sustainable Seafood Inc. and Baja Aqua Farms S.A. de C.V. entered into an amended credit agreement, dated as of that date, with AMERRA Capital Management, LLC as administrative agent and the lenders party thereto. The Amended Credit Facility amends the credit agreement dated as of August 26, 2011, as previously amended, among Umami, Baja, the lenders party thereto and AMERRA as administrative agent, that provided for a $39.0 million secured revolving credit facility. The Original Credit Facility, which was structured in two tranches scheduled to expire on December 31, 2012 and March 31, 2013, was superseded with the execution of the Amended Credit Facility. The Amended Credit Facility provides a credit line of up to $64.0 million. Commitments under the Amended Credit Facility will mature on March 31, 2014, which may be extended by mutual agreement. Baja is the borrower under the Amended Credit Facility. Baja expects to have initial borrowings outstanding of approximately $43.3 million under the Amended Credit Facility. The Amended Credit Facility provides for new pricing terms that increase the applicable margin on the loans. The applicable interest rate is LIBOR plus 950 basis points and the applicable commitment fee on undrawn funds is 100 basis points. Interest is payable monthly in arrears. Baja paid upfront fees or original issue discount equal to 3.0% of the Amended Credit Facility. The Amended Credit Facility provides AMERRA with a grant of equity equal to 6.25% of the pre-grant outstanding equity at Baja.

Umami Sustainable Seafood Inc. announced delayed 10-Q filing

On 05/16/2013, Umami Sustainable Seafood Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
UMAM:US $0.60 USD +0.19

UMAM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for UMAM.
View Industry Companies
 

Industry Analysis

UMAM

Industry Average

Valuation UMAM Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book 0.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact UMAMI SUSTAINABLE SEAFOOD IN, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.