Closed a $3.5 million financing transaction for Selma Precision Technologies NC, Inc.

Attract Capital is pleased to announce that it has closed a $3.5 million financing transaction for its client, Selma Precision Technologies NC, Inc. which acquired the assets of SONA, a North Carolina-based manufacturing company, out of bankruptcy. Selma Precision is majority owned by the owner of Indian-based manufacturing company, known for its advanced technology and global customer footprint. The purchase of the assets will allow this sister company to expand globally. We wish Selma Precision the best of luck in their continued success. www.sptechnc.com

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