US Modular, LLC

Bridge Financing

Client

US Modular is a manufacturer and distributor of a comprehensive line of memory and storage products and solutions for consumer, industrial and government applications. US Modular currently specializes in standard and high-density memory modules, cards and drives for custom and standard applications. The company also develops innovative storage solutions utilizing flash, DRAM and rotating media.

Scenario

US Modular required interim financing to fund growth and working capital requirements until the company could obtain long term financing through a restructuring of the company’s debt facility and equity offering.

Solution

Gemini Partners acted as the financial advisor and placement agent in placing a bridge financing for US Modular in preparation for the restructuring of the company.