Barfresh Food Group Secures $7.3M Convertible Note Financing
Barfresh Food Group has secured subscriptions for a $7.3M senior convertible note financing. The proceeds will be used to pay off the existing mortgage on the Company's manufacturing facility in Defiance, Ohio, accelerate construction completion, and position Barfresh to control its manufacturing destiny with significantly expanded production capacity. In addition, the Company was recently approved for a $2.4M government grant to finalize construction of the facility and install specialized equipment necessary for full-scale production operations.
